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Author Question: In recent years, China has maintained a low currency value, relative to other states, in order to ... (Read 48 times)

natalie2426

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on: Sep 4, 2018
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

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Reply #1 on: Sep 4, 2018
Answer to Question 1

Answer: A

Answer to Question 2

Answer: D


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