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083055 083055
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4 years ago
Although the pegged exchange rate between the yuan and the dollar has undervalued the yuan, China had been reluctant to abandon the peg for fear that abandoning the peg would
A) increase exports and increase the current account deficit.
B) reduce capital inflows.
C) reduce exports and reduce economic growth.
D) increase Chinese holdinAnswer: llars.
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InMacro


Edition: 1st
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Bobby.sBobby.s
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4 years ago
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More solutions for this book are available here
llars.
Answer: C

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083055 Author
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4 years ago
Smart ... Thanks!
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Yesterday
Thank you, thank you, thank you!
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2 hours ago
Correct Slight Smile TY
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