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If Investors Are Aware of Problems, They Launch a ______

Question 111

Multiple Choice

If investors are aware of problems, they launch a ______ attack on the currency and the central bank is forced _____.


A) predatory; to sell the remaining foreign currency reserves
B) speculative; to immediately switch to a floating rate to avoid losing the remaining foreign currency reserves
C) tentative; to build up foreign reserves quickly
D) wholesale; to raise interest rates

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