Although the Pegged Exchange Rate Between the Yuan and the Dollar

question 221

Multiple Choice

Although the pegged exchange rate between the yuan and the dollar has ________ the yuan,China has 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:

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Netherlandish Art

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Ordinary or commonplace items that are subject to artistic representation, highlighting their aesthetic value beyond their utilitarian function.

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