The decline in the value of the dollar from 1985 to 1988 was beneficial to
A) American tourists travelling to Europe.
B) firms importing goods into America.
C) American exporting businesses.
D) foreigners holding U.S.government bonds.
Correct Answer:
Verified
Q179: The appropriate "medicine" for correcting payments imbalances
Q180: Figure 19-2 Q181: International trade under a floating exchange rate Q182: The principal result of the rising value Q183: For developing countries, one of the dangers Q185: After being introduced in 1999, the euro Q186: Because central banks intervene in currency markets, Q187: The main component of the monetary union Q188: Which of the following had prompted the Q189: The current exchange rate system for most
A)increased
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents