The free floating yuan-U.S. dollar exchange rate will rise if ________ in the foreign exchange market. A.
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The free floating yuan-U.S. dollar exchange rate will rise if ________ in the foreign exchange market.
A. The Fed agrees not to sell U.S. dollars
B. The People’s Bank of China buys U.S. dollars
C. The People’s Bank sells U.S. dollars that it holds on reserve
D. The Fed does not buy yuan
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