If China wished to reduce their accumulation of foreign exchange reserves, they could A. allow their currency, the yuan, to floa
t freely in the market place. B. reduce their current account surplus by importing more goods than they export. C. undertake both of the activities identified in choices A and B. D. dig a big hole and bury the reserves.
In Angola, rebel groups financed a long, violent civil war by selling diamonds on the black market. Other countries, especially in Africa, have been plagued by diamond-related conflicts.