During the second quarter of 1989 it is believed that Japanese investors bought a significant proportion of U.S.corporate stocks and bonds sold during this period.The required purchase of dollars
A) reduced the trade deficit of that year.
B) provided yen to purchase imported goods by U.S.citizens.
C) led to a trade surplus for that year.
D) led to a trade deficit for that year.
Correct Answer:
Verified
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