A Chinese Company Exchanges Yuan (Chinese Currency) for Dollars

question 148

Multiple Choice

A Chinese company exchanges yuan (Chinese currency) for dollars. It uses these dollars to purchase scrap metal from a U.S. company. As a result of these transactions, Chinese net exports

• A)increase, and U.S.net capital outflow increases.
• B)increase, and U.S.net capital outflow decreases.
• C)decrease, and U.S.net capital outflow increases.
• D)decrease, and U.S.net capital outflow decreases.

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Definitions:

Blood

A vital fluid in humans and animals that delivers necessary substances such as nutrients and oxygen to the cells and transports metabolic waste products away.

Placenta

An organ that develops in the uterus during pregnancy, providing oxygen and nutrients to growing babies while removing waste products from the baby’s blood.

Chorion

A membrane that surrounds the amnion and becomes the fetal component of the placenta.

Epigenesis

The process by which a new phenotypic form emerges through the interactions of the preceding form and its current environment.