If the Chinese currency devalues compared to the US dollar,then
A) US producers will benefit;Chinese consumers will benefit
B) US producers will benefit;Chinese consumers will hurt
C) US producers will hurt;Chinese consumers will benefit
D) US producers will hurt;Chinese consumers will hurt
Correct Answer:
Verified
Q12: When interest rates go down,people are
A)more likely
Q13: An individual in the US wants to
Q14: A term to describe one currency in
Q16: The demand for dollars is downward sloping
Q17: Holding other things constant,increases in the price
Q20: When interest rates go up,people are
A)more likely
Q21: If Chinese consumers want to buy US
Q22: Borrowing in foreign currency to buy imports
Q23: If buyers expect future price increase,they will
Q54: Currency devaluations hurt
A)Consumers but help suppliers
B)Suppliers
C)Suppliers but
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