BobbyBuckets1181 BobbyBuckets1181
  • 17-05-2022
  • Physics
contestada

8. Why would ChiN want its own currency to be undervalued relative to the U.S. dollar? How does ChiN maintain an undervalued currency?

Respuesta :

ewitdatee29
ewitdatee29 ewitdatee29
  • 17-05-2022

Answer:

The Chinese government wish to keep the currency undervalued because: A weaker exchange rate makes exports more competitive and increases demand for Chinese exports. Chinese economic growth is dependent on exports, so the value of the currency plays a key role in boosting growth.

Explanation:

Answer Link

Otras preguntas

Which multimedia choices could improve a blog post persuading readers to vote for a political candidate? Check all that apply. 1.a flattering photo of the candi
Evaluate the following statement made by henry theil* : given the present state of the art, the most sensible procedure is to interpret confidence coefficients
what do you do if you cannot factor an equation?
How many total electrons can be contained in the 3d sublevel?
What is a colony and state 1 merits of it
If the length of each side of a cube is doubled, is the surface area doubled? Use an example to support your answer
Explain the steps when solving 3(n+5) > or equal to 3n+8
Online French class
What did parliament give for raising taxes in the colonies after 1763?
The formula i = prt gives a simple interest \ earned on an account where the amount is p is deposited at an interest rate r for a certain number of years t. Use