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Which of the following statements is likely to be true? A)When the yuan per dollar real exchange rate depreciates, the U.S. net exports to China

Which of the following statements is likely to be true?

A)When the yuan per dollar real exchange rate depreciates, the U.S. net exports to China increase while the Chinese net exports to U.S. decrease.

B)When the yuan per dollar real exchange rate appreciates, the U.S. net exports to China increase while the Chinese net exports to U.S. decrease.

C)Everything else equal, if the dollar appreciates against the Chinese yuan, then China will import more from the U.S. and will export less to the U.S.

D)Everything else equal, if the dollar depreciates against the Chinese yuan, then China will export more to the U.S. and will import less from the U.S.

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