All of the following statements are correct EXCEPT:
A) Chinaʹs exchange rate policy does not impact the real exchange rate in the long run.
B) Chinaʹs exchange rate policy boosts exports in the long run.
C) Chinaʹs exchange rate policy results in a depreciated yuan.
D) Chinaʹs exchange rate policy is mainly an attempt to control inflation.
Correct Answer:
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A) the amount of
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A)
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A)
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Q257: When we export goods to foreign countries,
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