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    Principles of Economics Study Set 1
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    Exam 28: Exchange Rates and the Open Economy
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    Speculative Attacks Against a Currency Are Caused by Fears Of
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Speculative Attacks Against a Currency Are Caused by Fears Of

Question 89

Question 89

Multiple Choice

Speculative attacks against a currency are caused by fears of:


A) exchange rate revaluations.
B) exchange rate devaluations.
C) monetary policy tightening.
D) balance-of-payments surpluses.

Correct Answer:

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