All of the following statements are true except
A)China's exchange rate policy results in a yuan that has a lower foreign exchange rate against the U.S.dollar than it would otherwise have.
B)China's exchange rate policy increases exports in the long run.
C)China's exchange rate policy does not impact the real exchange rate in the long run.
D)China's exchange rate policy is mainly an attempt to control inflation.
E)All of the above are true.

Question

Quizplus · Accepted Answer

The Answer of All of the following statements are true except
A)China's exchange rate policy results in a yuan that has a lower foreign exchange rate against the U.S.dollar than it would otherwise have.
B)China's exchange rate policy increases exports in the long run.
C)China's exchange rate policy does not impact the real exchange rate in the long run.
D)China's exchange rate policy is mainly an attempt to control inflation.
E)All of the above are true.

All of the Following Statements Are True Except