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Explain how an increase in the American demand for Chinese goods leads to a change in the Chinese yuan relative to the U.S. dollar.
Uncertainty Avoidance
A cultural dimension that describes the degree to which people in a society are uncomfortable with ambiguity and uncertainty.
Security
Measures or protocols taken to protect a person, group, or entity against threats or harmful activities.
Stability
The state of being steady, consistent, and free from significant change or fluctuation.
Low Uncertainty Avoidance
A cultural perspective that tolerates ambiguity and uncertainty, and is more accepting of unstructured situations.
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