In May 2013,Brazilian President Dilma Rousseff said he would ensure that Brazil's central bank had the autonomy to do what was needed to tame inflation.Brazil's central bank would have to pursue a(n)_________ monetary policy.As a result,the dollar would ____________ against the real (Brazil's currency),making U.S.exports to Brazil _________________.

Question

Quizplus · Accepted Answer

A tight monetary policy would raise interest rates, making the real more attractive to investors and causing the dollar to fall against the real. This would make U.S. exports to Brazil more expensive.

In May 2013,Brazilian President Dilma Rousseff Said He Would Ensure