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Now, think about what factors cause exchange rates to increase or decrease. Which of the following events would increase the CNY/USD exchange rate, and which
Now, think about what factors cause exchange rates to increase or decrease. Which of the following events would increase the CNY/USD exchange rate, and which would decrease it? Item Bank TI decides to purchase its inputs from a U.S. supplier U.S. treasury bonds are expected to yield higher returns than in the past Chinese firms purchase fewer of their inputs from U.S. firms
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