O-LevelEconomicsInternational trade and globalisation2281/12 · May/June 2024 · Q281 Mark
The diagram shows the market for the Chinese yuan (¥) priced in US dollars ($). [Diagram of market for Chinese Yuan]. What could have caused the change in demand for the yuan from D₁ to D₂?
This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.
Adecrease in foreign direct investment in China
Bdecrease in the level of tariffs levied by China on imports
Can increase in the buying of yuan by central banks
Dan increase in the Chinese rate of interest
✓ Correct answer
A: decrease in foreign direct investment in China
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