A popular speculation in the 1990s was
A) U.S. investors investing in Japanese securities to take advantage of Japan's higher nominal and real interest rates.
B) Japanese investors investing in the United States securities to take advantage of the higher U.S. nominal and real interest rates.
C) selling short the U.S. dollar against the Russian Ruble.
D) None of the above was a popular speculation technique in the 1990s.
Correct Answer:
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