When the Chinese yuan is appreciating against the U.S. dollar, if relative PPP holds, then this suggests that the U.S. inflation rate:
A) exceeds the Chinese inflation rate.
B) equals the Chinese inflation rate.
C) exceeds the Chinese interest rate.
D) equals the Chinese interest rate.

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The Answer of When the Chinese yuan is appreciating against the U.S. dollar, if relative PPP holds, then this suggests that the U.S. inflation rate:
A) exceeds the Chinese inflation rate.
B) equals the Chinese inflation rate.
C) exceeds the Chinese interest rate.
D) equals the Chinese interest rate.

When the Chinese Yuan Is Appreciating Against the U