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Over the Last Several Years,the Chinese Government Has Allowed the Yuan

Question 33

Multiple Choice

Over the last several years,the Chinese government has allowed the yuan to rise in value relative to the dollar.This means that Chinese-made goods


A) are now more expensive compared to U.S.-made goods.
B) will be harder for American firms to compete with, when they try to sell to U.S. consumers.
C) will be less affordable for Chinese consumers.
D) are now less expensive for U.S. consumers.

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