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irga5000 [103]
2 years ago
13

In the exchange rate market between the Chinese yuan and U.S. dollar if the demand for the U.S. dollar Increases

History
1 answer:
insens350 [35]2 years ago
3 0

The economics of supply and demand dictate that when demand is high, prices rise and the currency appreciates in value. In contrast, if a country imports more than it exports, there is relatively less demand for its currency, so prices should decline. In the case of currency, it depreciates or loses value

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