When the yuan per dollar real exchange rate appreciates:
A) the U.S. net exports to China increase while the Chinese net exports to U.S. decrease.
B) both the U.S. net exports to China and the Chinese net exports to the U.S. decrease.
C) the U.S. net exports to China decrease while the Chinese net exports to U.S. increase.
D) both the U.S. net exports to China and the Chinese net exports to the U.S. increase.
C
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The term capital, as used in macroeconomics, refers to
A) the amount of money that someone can invest in a new venture. B) the amount of money a firm can raise in the stock market. C) physical capital. D) All of the above answers are correct.
An estimated regression coefficient is 10 with a standard error of 5. The null hypothesis is that the partial regression coefficient equals one. What is the value of the t-statistic for testing the null hypothesis of the regression coefficient?
A) 1 B) 2 C) 1.8 D) 0.5