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In Order to Maintain an Undervalued Yuan to Encourage a Trade

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True/False

In order to maintain an undervalued yuan to encourage a trade surplus,the Chinese government must buy US dollars and increase the supply of yuan.


Definitions:

Instrument

A legal document formally evidencing a right or obligation, such as contracts, wills, or promissory notes.

Good Faith

A principle that emphasizes honesty, fairness, and integrity in the fulfillment of contractual obligations or in negotiations.

Reasonable Commercial Standards

A legal concept referring to the standard practices and methods used by reasonably prudent and competent parties in a particular industry.

Honesty

The quality of being truthful and free from deceit or fraud.

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