There is large and ongoing demand for RMB because China runs a

	A.	high capital account surplus
	B.	high current account surplus
	C.	low capital account surplus
	D.	high current account deficit

==

What a well-traded currency (yen) is worth can be estimated

	A.	precisely between plus/minus 4%
	B.	imprecisely between plus/minus 15%
	C.	imprecisely between plus/minus 4%
	D.	precisely between plus/minus 2%

==

In its 2015 devaluation, China was contending with _____________ and wanted to allow its currency to be determined by the ______________.

	A.	inflation; market
	B.	an economic slowdown; PBOC
	C.	inflation; PBOC
	D.	an economic slowdown; market