Question
Question: A quick control over Covid-19 by China had helped them to open there manufacturing industry, not with the old efficiency but they have started
Question:
A quick control over Covid-19 by China had helped them to open there manufacturing industry, not with the old efficiency but they have started with a decent output level. Considering current lockdown situation in USA and production resumed in China. What do you thing will be the effect of this information on,
i.American demanding for Chinese RMB.
ii.Supply for RMB
iii.Supply of USD
iv.Demand for USD
v.Value of RMB
vi.Value of USD
Note: Give you answer by simply saying Increase, Decrease or No change, along with one-line reason that why you choose this answer.
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