The exchange rate between the U.S. dollar and the Chinese yuan shifts from 6 yuan per U.S. dollar to 7 yuan per U.S. dollar. The yuan has _____, making Chinese exports _____ expensive.

Question

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When the exchange rate shifts from 6 yuan per U.S. dollar to 7 yuan per U.S. dollar, it means that more yuan is needed to buy a single U.S. dollar, indicating that the yuan has depreciated. As a result, Chinese exports become less expensive for buyers using U.S. dollars, because they now get more yuan for each dollar they spend.

The Exchange Rate Between the U