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To Help Solve the Overvalued Dollar Problem of the Late

Question 24

Multiple Choice

To help solve the overvalued dollar problem of the late 1960s, policy makers in other countries thought that the United States should


A) lower interest rates to expand the U.S. economy.
B) devalue the dollar to increase exports and decrease imports.
C) raise interest rates to encourage foreigners to invest in the United States.
D) raise tariffs to discourage imports.

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