MCQOPTIONS
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| 1. |
News of a potential surge in U.S. inflation and zero Chilean inflation places _______ pressure on the value of the Chilean peso. The pressure will occur _______. |
| A. | upward; only after the U.S. inflation surges |
| B. | downward; only after the U.S. inflation surges |
| C. | upward; immediately |
| D. | downward; immediately |
| Answer» D. downward; immediately | |