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Contesso Contesso
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7 years ago
Between the year 2001 and 2006, China bought more than $250 billion in U.S. Treasury bonds. Such purchases:
A) ensures that China's currency is relatively weak compared to the U.S. dollar.
B) indicate that China is not sure of its economic viability.
C) show that the currency exchange rate is unpredictable.
D) predict that yuan will be devalued in the near future.
E) indicate that China's currency is stronger than the U.S. dollar.
Textbook 
Global Marketing

Global Marketing


Edition: 7th
Authors:
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ko-evolveko-evolve
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7 years ago
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