Which of the following did not help Thailand maintain its peg against the dollar in the 1990s?

A) borrowing dollars from the International Monetary Fund in exchange for baht
B) foreigners selling off new investments in Thailand
C) increasing domestic interest rates to attract more foreign investors
D) buying baht on the foreign exchange market to support higher demand for the baht

B

Economics

You might also like to view...

Refer to Figure 13.1. Assume the voting method used to select a location for the recreation center is the Condorcet method. In the first round of voting, the residents of the 4 towns can choose between Glacier Cove and Mountain View

The winner of that vote will receive ________ votes. A) 150 B) 285 C) 405 D) 480

Economics

When a monopolist increases the amount of output that it produces and sells, the price of its output

a. stays the same. b. increases. c. decreases. d. may increase or decrease depending on the price elasticity of demand.

Economics