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valputin valputin
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8 years ago
Severe fiscal imbalances can directly trigger a currency crisis since
A) the currency must surely increase in value.
B) investors fear that the government may not be able to pay back the debt and so begin to sell domestic currency.
C) the government may have to cut back on spending.
D) the government may stop printing money.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
wrote...
8 years ago
Correct
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
8 years ago
Great! Happy to be right Face with Stuck-out Tongue
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