Many economists have predicted that Hong Kong will change its currency system to the ________.
A)U.S. dollar
B)euro
C)yuan
D)won

Question

Quizplus · Accepted Answer

As Hong Kong is a Special Administrative Region of China, it is likely that it will eventually adopt the yuan as its currency system. In fact, the yuan is already used for many cross-border transactions and there has been a recent push towards greater integration between Hong Kong and mainland China's financial systems. While the U.S. dollar is currently widely accepted in Hong Kong, it is unlikely that it will replace the Hong Kong dollar as the official currency. The euro and won are not relevant to Hong Kong's currency system.

Many Economists Have Predicted That Hong Kong Will Change Its