In Thailand in the late 1990s, there was pressure for the value of the baht to decline as foreign investors began to
A) increase their investments in Thailand and exchanged their dollars for baht.
B) increase their investments in Thailand and exchanged their baht for dollars.
C) sell off investments they had made in Thailand and traded in their baht for dollars.
D) sell off investments they had made in Thailand and traded in their dollars for baht.
C
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Which of the following statements is true about profits in a monopolistically competitive market?
(A) Monopolistically competitive firms are as profitable as monopoly firms. (B) Profits are rare in monopolistically competitive markets. (C) Most firms will earn substantial profits from year to year. (D) Many firms will earn profits in the short term, but they must constantly innovate and compete to earn profits in the long term.
If real GDP for Mexico was 19.8 trillion pesos at the end of 1999 and 21.3 trillion pesos at the end of 2000 . then Mexico's economy grew at an annual rate of _____
a. -0.015% b. 4.4 % c. 4.2% d. 7.57% e. 3.8%