The Chinese Were Reluctant to Allow the Value of the Yuan

question 195

Multiple Choice

The Chinese were reluctant to allow the value of the yuan to rise against the US dollar because it would

• A) decrease exports to the United States.
• B) increase the value of the large holdings of US dollars that China had accumulated.
• C) raise the price of imported goods from the United States.
• D) make Chinese exported goods less expensive in the United States.

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Definitions:

Public Behavior

Actions or conduct exhibited by individuals in social settings or amongst the general public.

Assent

Agreement or approval, often used in the context of minors or others not able to give legal consent.

Minor

A term often used to describe something of lesser importance, size, or degree, or individuals under the age of legal adulthood.

Consent

Agreement or permission given by a person after understanding what is being asked or required, crucial in ethical research practices.