The People's Bank of China has
A: allowed a flexible exchange rate to boost exports.
B: managed its exchange rate to help control inflation.
C: strictly followed a fixed exchange rate to boost exports.
D: purchased U.S. dollars to appreciate the yuan.
A: allowed a flexible exchange rate to boost exports.
B: managed its exchange rate to help control inflation.
C: strictly followed a fixed exchange rate to boost exports.
D: purchased U.S. dollars to appreciate the yuan.
举一反三
- All of the following statements are correct EXCEPT: A: China's exchange rate policy boosts exports in the long run. B: China's exchange rate policy is mainly an attempt to control inflation. C: China's exchange rate policy results in a depreciated yuan. D: China's exchange rate policy does not impact the real exchange rate in the long run.
- For a country which has a relatively high rate of inflation and wants some form of pegged exchange rate, which of the following exchange rate regimes is the best choice? A: Fully fixed exchange rate B: Adjustable peg C: Crawling peg D: Fully convertible
- If the demand for Home exports decreased abroad, the Home fall in output would be greatest______. ( ) A: if the decrease was permanent and the exchange rate was fixed. B: if the decrease was temporary and the exchange rate was fixed. C: if the decrease was temporary and the exchange rate was floating. D: if the decrease was permanent and the exchange rate was floating.
- Which one of the following statements is the MOST accurate? () A: Fiscal policy<br/>affects employment less under fixed than under flexible exchange rate<br/>regimes. B: Fiscal policy has<br/>the same effect on employment under fixed and flexible exchange rate<br/>regimes. C: Fiscal policy<br/>cannot affect employment under fixed exchange rate but does affect<br/>output under flexible exchange rate regimes. D: Fiscal policy<br/>affects employment more under fixed than under flexible exchange rate<br/>regimes.
- ---Hello, what is the ________ between Chinese RMB and US dollars?---It's about 6.4 yuan for 1 US dollar. A: currency rate B: change rate C: money rate D: exchange rate