MCQOPTIONS
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| 1. |
All of the following statements are explanations of the reason for short-term capital transfers from Country X to Country Y EXCEPT |
| A. | Political instability in Country X |
| B. | Lower interest rates in Country X |
| C. | Lower interest rates in Country Y |
| D. | Country X has made it known that it is considering devaluation of its currency |
| Answer» D. Country X has made it known that it is considering devaluation of its currency | |