Multiple Choice
Under the investment dollar premium system,
A) U.K. residents received a premium over the prevailing commercial exchange rate when they sold foreign securities and repatriated the funds to the U.K.
B) U.K. residents had to pay a premium over the prevailing commercial exchange rate when they bought foreign currencies to invest in foreign securities.
C) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
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