If Chinas currency (RMB) achieves reserve currency status, will China be forced to run a CA deficit?

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If China’s currency (RMB) achieves reserve currency status, will China be forced to run a CA deficit?

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Macroeconomics Principles and Policy

ISBN: 9780324586213

11th Edition

Authors: William J. Baumol, Alan S. Blinder

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Posted Date: Jul 16, 2018 12:51 AM

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If Chinas currency (RMB) achieves reserve currency status, will China be forced to run a CA deficit?

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China will not be force... View the full answer

Macroeconomics Principles and Policy

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