Economics · Oct / Nov 2017 · Paper 23 · Question 4
2281
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In August 2015, China devalued its currency, the yuan. The Chinese Government was trying to increase output, including the output of food. It had experienced a slow-down in its economic growth. However, some other countries had actually experienced a decrease in output. One of the causes of the decline in economic growth in some countries was problems connected with their commercial banks. Some commercial banks were at risk of going out of business.
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4(a)[2]
4(b)[4]
4(c)[6]
4(d)[8]
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