What would be the impact these simultaneous policies on the, Financial Management

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What would be the impact these simultaneous policies on the

After the financial turmoil in the US in 2009, the federal Reserve in the US was buying bonds in order to keep interest rates low. At the same time, the Chinese authorities were tightening the monetary policy in an effort to cool down their economy. What would be the impact these simultaneous policies on the dollar/RMB rate and the balance of trade between the two countries??

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