A Key Reason That the Value of the Dollar Did

question 12

Multiple Choice

A key reason that the value of the dollar did not change relative to the Chinese yuan in the early 2000s was:

• A)trade was balanced between the two nations.
• B)the U.S. Federal Reserve bought dollars to keep the value of the dollar from falling.
• C)the Chinese central bank bought dollars to keep the value of the dollar from falling.
• D)the Chinese central bank sold dollars to keep the value of the dollar from rising.

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Definitions:

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