Which of the Following Represents a Problem with the Chinese

question 98

Multiple Choice

Which of the following represents a problem with the Chinese yuan becoming a reserve currency?

• A) China does not have an open financial market.
• B) China does not have a large economy.
• C) China holds too many dollars.
• D) The yuan is not currently part of the SDR.

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Definitions:

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Halo Effect

A cognitive bias where the perception of one positive characteristic influences the perception of other unrelated traits.

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An individual who communicates ideas or information to an audience clearly, engagingly, and persuasively.