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9. Which one of the following is true regarding the US-China trade relationship? China aims to keep the value of the Chinese Yuan high. China needs to keep purchasing US denominated assets to keep the valu Yuan at the pegged exchange rate. Cost of borrowing (treasury yields) would be lower for US if China wo US treasuries. None of the above a. b. c. d. 10. According to International Fischer Effect (IFE), countries with high inter their currencies appreciate. a. True