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To Maintain Its Target Exchange Rate for the Yuan, China

question 236

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To maintain its target exchange rate for the yuan, China had to sell yuan and buy dollars and other currencies.


Definitions:

Mitochondria

Organelles found in the cytoplasm of eukaryotic cells that generate most of the cell's supply of ATP, used as a source of chemical energy.

Mitochondrial Matrix

The innermost compartment of mitochondria, filled with enzymes that are involved in energy production through the citric acid cycle.

Intermembrane Space

The region located between the inner and outer membranes of a mitochondrion or a chloroplast.

Cytoplasm

The gel-like substance enclosed within the cell membrane of all cell types, containing all organelles except the nucleus; involved in cellular processes such as growth and metabolism.

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