Which of the following countries was probably the least affected (directly or indirectly) by the Asian crisis?

Question

Quizplus · Accepted Answer

China was probably the least affected by the Asian crisis because its currency was pegged to the U.S. dollar, insulating it from the crisis in other Asian currencies. China also had strict controls on its capital flows, limiting the exposure of its financial system to the crisis. Additionally, China's economy was still in the early stages of its economic transformation and was not as reliant on exports or foreign investment as other countries in the region.

Which of the Following Countries Was Probably the Least Affected