MCQOPTIONS
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| 1. |
Which of the following would NOT be a cause for an increased American demand for the euros? |
| A. | The United States having lower interest rates than the Euro Area |
| B. | Increased American demand for Euro Area goods |
| C. | The expectation by speculators that the value of the euro is edging up |
| D. | More economic expansion in the United States |
| Answer» C. The expectation by speculators that the value of the euro is edging up | |