Solved

A Chinese Company Exchanges Yuan (Chinese Currency)for Dollars

Question 160

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


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

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents