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The Chinese Central Bank Might Intervene in Foreign Exchange Markets

Question 71

Multiple Choice

The Chinese central bank might intervene in foreign exchange markets:


A) to bring an appreciation of the Yuan so that imports are less expensive to the Chinese.
B) to bring a depreciation of the Yuan to make imports more expensive to the Chinese.
C) to bring a depreciation of the Yuan to make Chinese exports cheaper for foreigners.
D) all of the above.

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