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boland boland
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8 years ago
China holds a massive amount of foreign exchange reserves. As of 2010 they held nearly $2,500 billion. This huge foreign exchange reserve should allow China to
A) remain a very important player in world trade for at least the next several years.
B) manage the value of the Chinese yuan to maintain competitiveness in world markets.
C) maintain a relatively stable managed fixed exchange rate for the yuan for years to come.
D) All of the above.
Textbook 
Fundamentals of Multinational Finance

Fundamentals of Multinational Finance


Edition: 5th
Authors:
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noxx53noxx53
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8 years ago
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boland Author
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8 years ago
You're amazing, seriously
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8 years ago
We should all be helping each other on here, so I'm happy to have helped
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