China Has Used a Fixed Yuan Exchange Rate and a Crawling

question 327

Short Answer

China has used a fixed yuan exchange rate and a crawling peg exchange rate. In both cases, China pegs its currency to the

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Definitions:

Dividends

Regular payments made by a corporation to its shareholders out of its profits or reserves.

Regular Cash Dividend

A payment made to shareholders from a company's earnings on a routine basis.

Normal Course of Business

This term refers to the standard, usual, routine activities and operations that a business engages in to generate revenue.

Cash Payment

A transaction in which the payment for goods or services is made in cash at the time of purchase.