The United States has labeled which country a 'currency manipulator' in December 2020?

Correct option is D

The correct answer is: (d) Vietnam

Explanation:
In December 2020, the U.S. Treasury labeled Vietnam a currency manipulator for intervening in foreign exchange markets to gain an unfair trade advantage and running a high trade surplus with the U.S.

Information Booster:
• Vietnam had a trade surplus of over $57 billion with the U.S.
• It met all three U.S. Treasury criteria for manipulation.
• Switzerland was also labeled a manipulator at the same time.
• Vietnam later agreed to improve exchange rate transparency.
• Labeling can lead to U.S. policy negotiations and sanctions.
• The label was removed in 2021 after bilateral engagement.