Multiple Choice
Assume that interest rates in the United States and Britain are the same.If a U.S.resident anticipates that the exchange value of the dollar is going to appreciate against the pound,she should:
A) Borrow needed funds from British banks rather than U.S.banks
B) Borrow needed funds from U.S.banks rather than British banks
C) Convert U.S.dollars into British pounds
D) Any of the above
Correct Answer:

Verified
Correct Answer:
Verified
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