How might China benefit from adopting a flexible exchange rate policy?

What will be an ideal response?

With a flexible exchange rate, China can stop adding to its reserve of low-yielding U.S. assets. Strengthening of the yuan will reduce inflationary pressures and, perhaps, reduce conflicts over trade policies with other nations. With a flexible exchange rate, China can relax its capital controls while retaining its independent monetary policy.

Economics

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The above figure shows the market for hamburger. Which panel shows the effect of a new excise tax on all beef products?

A) Figure A B) Figure B C) Figure C D) Figure D

Economics

The limitation that a consumer's total expenditure on goods and services purchased cannot exceed the income available is referred to as

A) maximizing behavior. B) economizing behavior. C) the budget constraint. D) the price constraint.

Economics