Multiple Choice
The principal reason why Thailand, Indonesia, and South Korea feared the effects of appreciation of the U.S.dollar in 1995-1997 was that
A) it would increase exports from these countries and worsen Japanese.
B) it would increase exports from these countries and worsen unemployment.
C) it would decrease exports from these countries since their currencies were tied to the dollar.
D) it would decrease imports to these countries since their currencies were tied to the dollar.
Correct Answer:
Verified
Correct Answer:
Verified
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