If Chinese consumers want to buy US goods,they will
A)Buy Yuan and sell US Dollars
B)Sell Yuan and buy US Dollars
C)Neither buy nor sell Yuan
D)Neither buy nor sell dollars

Question

If Chinese consumers want to buy US goods,they will​
A)​Buy Yuan and sell US Dollars
B)Sell Yuan and buy US Dollars
C)Neither buy nor sell Yuan
D)​Neither buy nor sell dollars

Quizplus · Accepted Answer

If Chinese consumers want to buy US goods, they need to pay in US dollars. Therefore, they will sell their yuan and buy US dollars to make the purchase.

If Chinese Consumers Want to Buy US Goods,they Will​

If Chinese Consumers Want to Buy US Goods,they Will