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    Principles of Microeconomics
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    Exam 20: Exchange Rates, Balance of Payments, and International Debt
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    When China Devalues Its Currency
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When China Devalues Its Currency

Question 88

Question 88

Multiple Choice

When China devalues its currency


A) the dollars per Chinese yuan will increase
B) the drain of U.S. reserves on Chinese yuan will fall
C) U.S. exports to China will increase
D) the price of imported Chinese textiles in the U.S. will fall
E) Chinese imports will increase

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