Statement I: A declining dollar makes foreign investment in dollar-denominated assets more attractive.
Statement II: In the last 20 years,foreigners have expanded their role in the U.S.as both creditors and owners.
A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.
Correct Answer:
Verified
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