asked 22.1k views
4 votes
If a supply shock dramatically increases the prices of domestic goods in China, the American dollar will _____ and the Chinese yuan will ____.

depreciate, depreciate
depreciate, appreciate
appreciate, depreciate
appreciate, appreciate
unknown, depreciate

asked
User Tread
by
8.4k points

1 Answer

5 votes

appreciate, depreciate

answered
User Beaton
by
7.5k points
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