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The Rapid Appreciation of the Dollar in the Early 1980s

Question 57

Multiple Choice

The rapid appreciation of the dollar in the early 1980s


A) eliminated the trade deficit left over from the 1970s.
B) led to an increase in the trade deficit between 1980 and 1986.
C) coincided with a steady decline in the U.S. trade balance through 1985.
D) brought the real trade-weighted value of the dollar its highest level in over 10 years.
E) none of the above.

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