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The Country of Jolania Faced a Major Political Instability When

Question 3

Multiple Choice

The country of Jolania faced a major political instability when the nation's government implemented new trade laws that hurt investment opportunities for several industries. Companies doing business in Jolania feared an economic disaster, and moved their money to safer countries. Many sold their Jolanian currency to purchase other stable currencies. This resulted in the _____ of the Jolanian currency.


A) demonetization
B) depreciation
C) equitization
D) inflation

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