The value of U.S. dollar increased between 1980 and 1985
A) despite running a growing trade deficit.
B) despite exporting substantially more than it imported.
C) because of a growing trade surplus.
D) because the country's status as a world financial leader was becoming apparent.

Question

Quizplus · Accepted Answer

The rise in the value of the dollar between 1980 and 1985 occurred when the United States was running a large and growing trade deficit, importing substantially more than it exported. A number of favorable factors overcame the unfavorable effect of a trade deficit.

The Value of U