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A fall in the pound might make the selling of properties in London and the purchase of properties in New York less likely because the
A fall in the pound might make the selling of properties in London and the purchase of properties in New York less likely because the depreciation of the U.K. pound _______. A. decreases the supply of U.S. dollars by more than the demand for U.S. dollars, the foreign exchange value of the U.S. dollar rises and New York properties become more expensive to U.K. investors B. decreases the U.S. interest rate differential and increases the price of New York properties because the interest rate and property price are inversely related C. makes buying U.S. dollars more expensive so New York properties become more expensive for U.K. investors to purchase D. increases the supply of U.S. dollars by less than the demand for U.S. dollars, the foreign exchange value of the U.S. dollar rises and New York properties become more expensive to U.K. investors
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