Triffin Paradox refers to:
A) the situation where the imposition of a tariff on imports may reduce the relative internal price of that good.
B) the situation where technological progress that increases the efficiency with which a resource is used tends to increase the rate of consumption of that resource.
C) the situation where the United States, the most capital-abundant country in the world, exported labor-intensive commodities and imported capital-intensive commodities.
D) the situation where the more dollars foreign countries held, the less faith they had in the ability of the U.S.government to convert those dollars.
E) a situation during recession wherein when everyone tries to save more money, and it leads to a fall in the aggregate demand which in turn lowers total savings in the population.
Correct Answer:
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