Multiple Choice
When the yuan-dollar real exchange rate depreciates,________.
A) both U.S. net exports to China and Chinese net exports to the United States increase
B) both U.S. net exports to China and Chinese net exports to the United States decrease
C) U.S. net exports to China decrease, while Chinese net exports to the United States increase
D) U.S. net exports to China increase, while Chinese net exports to the United States decrease
Correct Answer:
Verified
Correct Answer:
Verified
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