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This Event Signaled the Beginning of the Asian Financial Crisis

Question 15

Multiple Choice

This event signaled the beginning of the Asian financial crisis in July of 1997:


A) when foreign investors pulled most of their fund out of South Korea
B) when the Thai government was overthrown in a military coup
C) when the Thai government could no longer support the 25 to 1 value of the Thai baht to the U.S. dollar
D) when the IMF signaled that Thailand's government was no longer worthy of credit

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