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In Thailand, in the Late 1990s, There Was Pressure for the Value

Question 183

Multiple Choice

In Thailand, in the late 1990s, there was pressure for the value of the baht to decline as foreign investors began to


A) sell off investments they had made in Thailand and traded in their baht for U.S.dollars.
B) sell off investments they had made in Thailand and traded in their U.S.dollars for baht.
C) increase their investments in Thailand and exchanged their baht for U.S.dollars.
D) increase their investments in Thailand and exchanged their U.S.dollars for baht.
E) sell off investments they had made outside Thailand and purchase additional baht with the proceeds.

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