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Exchange rates - G20 considers wider role for China's yuan

Read the article G20 considers wider role for China's yuan then answer the questions below. You can either read the article in the window below or you can follow the previous link to read the article in a separate window.


Question 1

Explain how the G20 leaders propose giving the Chinese yuan more of a role in global finance.

Question 2

Identify the requirements for a currency to join the SDR basket.

Question 3

Describe the criticisms that developed nations had of China's exchange rate policy.

Question 4

Analyse the reasons why the Chinese have been reluctant to allow a sudden appreciation of its currency.