If foreign investors in Thailand begin to realize that Thailand could not maintain its peg to the U.S.dollar indefinitely, they will began to ________ in Thailand and exchange ________.This change in investment by foreigners is termed capital flight.
A) purchase more investments; U.S.dollars for baht to purchase these investments
B) sell off their investments; the baht they received for U.S.dollars
C) sell off their investments; the U.S.dollars they received for baht
D) purchase more investments; baht for U.S.dollars to purchase these investments
E) hold their investment for longer; U.S.dollars for baht
Correct Answer:
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