If China wished to reduce their accumulation of foreign exchange reserves, they could A. allow their currency, the yuan, to floa

Question

3 years ago

12

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.

History

2 answers:

finlep [7] · Answer 1 · 2022-08-26T12:03:48+03:00

finlep [7]3 years ago

8 0

Answer:

undertake both of the activities identified in choices A and B.

levacccp [35] · Answer 2 · 2022-08-26T13:47:48+03:00

levacccp [35]3 years ago

8 0

The answer is or should be D