Multiple Choice
In March 2009, China held $1.95 trillion in foreign reserves.Approximately 40 percent of China's reserves were in the form of U.S.Treasuries.This is an example of:
A) a crowding out effect.
B) internationalizing the U.S.debt.
C) policy conversion.
D) the real debt.
Correct Answer:
Verified
Correct Answer:
Verified
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