Suppose the Chinese central bank wants to keep the exchange rate of its currency value constant over time. An increase in the demand for Chinese goods by American residents will lead the Chinese central bank to:.

The correct answer is: sell the Chinese currency in exchange for U.S. dollars in the foreign exchange market.

Explanation:

In this regime, the Central Bank undertakes that the exchange rate will be maintained at a predetermined value. Thus, when there is excess demand for foreign exchange, the Bank supplies the market with the necessary foreign exchange to maintain the exchange rate at its default value. Similarly, when there are excess supply, the Bank acquires the currencies to prevent the exchange rate from decreasing.

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

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