All of the following statements are true except ________.
A) China's exchange rate policy increases exports in the long run
B) China's exchange rate policy is mainly an attempt to control inflation
C) China's exchange rate policy results in a yuan that has a lower foreign exchange rate against the U.S. dollar than it would otherwise have
D) China's exchange rate policy does not impact the real exchange rate in the long run
E) All of the above are true.