Assuming a system of flexible exchange rates between China and Russia, indicate whether each of the following would cause the Russian Ruble to appreciate or depreciate. a) China unilaterally reduces tariffs on Russian produs. O appreciate O depreciate b) Deteriorating political relations reduce Chinese tourism in Russia. O depreciate O appreciate c) China engages in a high-interest rate monetary policy. depreciate O appreciate SUBMIT AND MARK SAVE AND CLOSE Activate Go to Setti