10.2 The Determination of The Exchange Rate oA highly-abbreviated model s There are only two countries in the world, one is China the other is Canada; They only produce one product corn, people consume corn, and use it to invest seeds), government uses corn to pay. If the price of corn is 1 yuan per kilogram in China 1 Canadian dollar per kilogram in Canada Then the rate of exchange of RMB to canadian dollar should be 1:1 namely IrMB exchange 1 Canadian dollar 复表经济学院10.2 The Determination of The Exchange Rate A highly-abbreviated model ❖There are only two countries in the world, one is China, the other is Canada; They only produce one product, corn, people consume corn, and use it to invest（ seeds), government uses corn to pay. If the price of corn is 1yuan per kilogram in China ,1 Canadian dollar per kilogram in Canada。Then the rate of exchange of RMB to Canadian dollar should be ？ 1：1 namely1RMB exchange 1Canadian dollar