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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.

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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. 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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