MCQOPTIONS
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| 1. |
The high foreign exchange value of the U.S dollar in the early 1980s can best be explained by ? |
| A. | additional investment funds made available from overseas |
| B. | lack of investor confidence in U.S fiscal policy |
| C. | market expectations of rising inflation in the United States |
| D. | American tourists overseas finding costs increasing |
| Answer» B. lack of investor confidence in U.S fiscal policy | |