Although the Pegged Exchange Rate Between the Yuan and the Dollar

question 46

Multiple Choice

Although the pegged exchange rate between the yuan and the dollar has ________ the yuan,China had been reluctant to abandon the peg for fear that abandoning the peg would ________.

• A)undervalued; reduce exports
• B)undervalued; reduce imports
• C)overvalued; increase imports
• D)overvalued; reduce exports

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Definitions:

Social Learning Theory

A theory that proposes individuals learn behaviors and social cues through observation and imitation of others, along with the effects of rewards and punishments.

Aggression

Behavior intended to harm or intimidate others.

Social Animals

Organisms that interact highly with other members of their species and that have complex, structured societies or communities.

Social Scientists

Researchers who study human society and social relationships through various disciplines such as sociology, psychology, and anthropology.