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Foreign Exporters Are Usually Quite Willing to Accept Chinese Yuan

Question 98

Multiple Choice

Foreign exporters are usually quite willing to accept Chinese Yuan in payment for goods and services because:


A) of the importance of the Chinese Yuan in international trade
B) the value of the dollar does not fluctuate
C) they have little alternative
D) it is customary to receive payment denominated in the currency of the importer's country
E) none of the above

Correct Answer:

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