Question
choose the correct answer The expectation of future devaluation can trigger a capital flight marked by A) a sharp rise in reserves and a fall
choose the correct answer
The expectation of future devaluation can trigger a capital flight marked by
A) a sharp rise in reserves and a fall in the home interest rate below the world interest rate.
B) a sharp fall in reserves and an even bigger fall in the home interest rate below the world interest rate.
C) a sharp fall in reserves and a rise in the home interest rate above the world interest rate.
D) a sharp rise in reserves and an even greater rise in the home interest rate above the world interest.
E) a sharp rise in reserves and a rise in the home interest rate to the level of the world interest.
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