The high foreign exchange value of the U.S.dollar in the early 1980s can best be explained by:
A) Additional investment funds made available from overseas
B) Lack of investor confidence in U.S.fiscal policy
C) Market expectations of rising inflation in the United States
D) American tourists overseas finding costs increasing

Question

Quizplus · Accepted Answer

The high foreign exchange value of the U.S. dollar in the early 1980s was largely due to additional investment funds from overseas, as high U.S. interest rates attracted foreign capital, increasing demand for the dollar.

The High Foreign Exchange Value of the U