Explain how the demand and supply schedules of the Chinese RMB would be affected if Chinese inflation suddenly increased substantially, but U.S. inflation remained the same.

Explain how the demand and supply schedules of the Chinese RMB would be affected if Chinese inflation suddenly increased substantially, but U.S. inflation remained the same. Also, draw the supply and demand graph and shows the impact of Rising Chinese inflation on the Equilibrium Value of the Chinese Yuan.

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