If Chinese consumers want to buy US goods,they will
A)buy Yuans to sell US Dollars
B)Sell Yuans to buy US Dollars
C)Demand Yuan
D)Both b and c

Question

Quizplus · Accepted Answer

If Chinese consumers want to buy US goods, they will need to exchange their Yuan for US dollars. Therefore, they will sell Yuans to buy US dollars. Option A is incorrect because they do not need to buy Yuans first to sell US dollars. Option C is incorrect because they are already holding Yuans, so there is no need to demand them. Option D is incorrect because option C is not applicable.

If Chinese Consumers Want to Buy US Goods,they Will