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1. In the trilemma, what did China give up? 2. The role of the dollar has decreased since President Trump took office. True False) 3.
1. In the trilemma, what did China give up? 2. The role of the dollar has decreased since President Trump took office. True False) 3. A currency board is more effective than a regular fixed exchange rate regime for defending a currency. (True/False) 4. If China maintains a fixed exchange rate of its currency the Yuan to the U.S. Dollar and China lowers its interest rate, what will be the impact on U.S. exports to the China? (Increase/Decrease/No Change)? 5. More countries fixed exchange rate systems have freely floating currencies. (True False)
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