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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 ________.


Definitions:

Design Thinking

An iterative process in solving problems creatively and innovatively by understanding the human needs involved, re-framing the problem in human-centric ways, and adopting a hands-on approach in prototyping and testing.

Problem Solving

The process of identifying a problem, devising alternatives to solve it, and implementing a solution.

Business Intelligence

The use of data analysis tools and methodologies by organizations to make data-driven decisions.

Escalating Commitment

A behavior pattern in which an individual or group continues to follow a failing course of action based on the time, money, or resources already invested.

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