China's current political plan includes reducing their foreign exchange reserve balance by allowing the yuan to float freely and by switching their goods balance from one of a net surplus to a net deficit.

Question

Quizplus · Accepted Answer

This statement is false. China's current political plan includes increasing their foreign exchange reserve balance and reducing their reliance on exports, not reducing their foreign exchange reserve balance or switching their goods balance to a net deficit.

China's Current Political Plan Includes Reducing Their Foreign Exchange Reserve