The rise in value of the dollar between 1980 and 1985 is particularly interesting because it occurred when the United States was running a large and growing trade deficit.

Question

Quizplus · Accepted Answer

This statement is true. Despite the United States' growing trade deficit during this time period, the value of the dollar rose due to factors such as high interest rates, demand for American financial assets, and global economic instability.

The Rise in Value of the Dollar Between 1980 and 1985