What do critics claim is the reason why China's exports have grown to become the largest in the world?
A) China relies on tariffs to maintain its leadership position.
B) China keeps its prices low and desirable by devaluing its currency.
C) China has inflated its currency to promote its trade balance.
D) China has become the world's banker.
E) China owns more manufacturing facilities than any other nation in the world.

Question

Quizplus · Accepted Answer

Critics argue that China has managed to keep its export prices competitively low by devaluing its currency, which makes its goods cheaper on the international market, thus boosting exports.

What Do Critics Claim Is the Reason Why China's Exports