Author Question: In recent years, China has maintained a low currency value, relative to other states, in order to ... (Read 9 times)

natalie2426

  • Hero Member
  • *****
  • Posts: 524
In recent years, China has maintained a low currency value, relative to other states, in order to __________.
 
  A) promote exports and boost export-related industries
  B) force an increase in domestic consumption
  C) improve trade relations with Western states
  D) improve trade relations with Southeast Asian states

Question 2

Why would one want to hold the currencies of particular countries?
 
  A) They may increase in value rapidly.
  B) One may hope to diversify one's investments.
  C) One may be able to trade that currency for another currency.
  D) They may have fixed exchange rates to other currencies.



hugthug12

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

Answer: A

Answer to Question 2

Answer: D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

For a complete list of videos, visit our video library