Why Did China Add $2 Trillion to Its Foreign Exchange

question 218

Multiple Choice

Why did China add $2 trillion to its foreign exchange reserves between early 2009 and early 2014?

• A) to encourage free trade between all nations
• B) to keep the yuan from depreciating
• C) to keep the yuan from appreciating
• D) to slow down the growth of the Chinese economy

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Definitions:

Mass Customization

A strategy that combines the low costs of mass production with the flexibility of individual customization.

Build-to-order

A production approach where products are not made until an order is received, allowing for high customization and minimizing inventory costs.

Product Positioning

The strategy of placing a product in a market in such a way that it stands out in consumers' minds relative to competitors.

Approaches

Methods or techniques used to tackle problems, tasks, or create new strategies in various fields.