Multiple Choice
News of a potential surge in U.S. inflation and zero Chilean inflation places ____ pressure on the value of the Chilean peso. The pressure will occur ____.
A) upward; only aFter the U.S. inflation surges
B) downward; only aFter the U.S. inflation surges
C) upward; immediately
D) downward; immediately
Correct Answer:
Verified
Correct Answer:
Verified
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