(a) Identify whether a stronger or weaker exchange rate policy (against the Chinese Yuan) is suitable for New Zealand exporters?Explain in economic terms and referring to the NZ economy specifically, why or why not

(b) How can the exchange rate objective you have chosen in part 4(a) be achieved through economic policy?

-- Suggest two policy tools;and

-- show the effect of one of the policy options you have suggested in a diagram of the exchange rate market of the NZS against the Yuan.Explain briefly