________ was the main cause of weakening of the U.S.dollar between August 2007 and July 2008.

Question

Quizplus · Accepted Answer

Easing of monetary policy in the U.S. was a significant factor contributing to the weakening of the U.S. dollar during this period. This policy typically involves lowering interest rates to stimulate economic growth, which can lead to a decrease in foreign investment in U.S. assets, reducing demand for the dollar and thus its value.

________ Was the Main Cause of Weakening of the U