Which of the following is one consequence of massive Chinese purchases of U.S. treasury bonds?
a. It has reduced the values of the U.S. dollar.
b. It has helped close the U.S. budget deficit.
c. It has reduced America’s trade deficit.
d. It has reduced U.S. imports from China.
b. It has helped close the U.S. budget deficit.
Political Science
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What will be an ideal response?
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