A country intentionally keeps its currency value low against the currency of another in order to sell more goods to the latter.This can be viewed as a(n)_____ policy.

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Critics argue that many nations have adopted a neo-mercantilist strategy that is designed to simultaneously boost exports and limit imports.For example,critics charge that China is pursuing a neo-mercantilist policy,deliberately keeping its currency value low against the U.S.dollar in order to sell more goods to the United States,and thus amass a trade surplus and foreign exchange reserves.

A Country Intentionally Keeps Its Currency Value Low Against the Currency