A depreciation of the dollar relative to the Chinese yuan means that A Chinese imports will fall. B one dollar can buy m...
A depreciation of the dollar relative to the Chinese yuan means that
A Chinese imports will fall.
B one dollar can buy more yuan.
C one yuan will buy more dollars.
Homework Answers
C . one yuan will buy more dollars.
Explanation: This also means appreciation of the yuan with relative to dollars. So, 1 yuan would be able to buy more dollars.
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