China's Current Political Plan Includes Reducing Their Foreign Exchange Reserve

question 30

True/False

China's current political plan includes reducing their foreign exchange reserve balance by allowing the yuan to float freely and by switching their goods balance from one of a net surplus to a net deficit.

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Definitions:

Liquefied Natural Gas

Natural gas that has been cooled down to liquid form for ease and safety of non-pressurized storage or transport.

Methane

A potent greenhouse gas with a molecular structure of one carbon atom and four hydrogen atoms, contributing significantly to global warming.

Ethane

a colorless, odorless hydrocarbon gas that is a constituent of natural gas and used as a petrochemical feedstock.

Propane

A flammable hydrocarbon gas of the alkane series, used as fuel in heating appliances, cooking equipment, and vehicles.