Hello, can someone explain what "take a pass on something" here? The article is about how European economies did worse than the Asian countries in terms of government debt (during the crisis).
“We took a pass on the economic crisis,” said Philip S. Carmichael, president of Asian operations at Haier, China’s biggest appliance maker
Top answer
Take a pass on = decline the offer/opportunity/experience
— Mister Micawber
Take a pass on = decline the offer/opportunity/experience
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