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If Thailand pegged its Baht to the U.S. dollar and demand for the Baht began to fall because of worries that investment in Thailand was
If Thailand pegged its Baht to the U.S. dollar and demand for the Baht began to fall because of worries that investment in Thailand was not safe, what could the Thai government due to try to maintain its peg (fixed exchange rate)? Select one: a. Import more products from Europe and the U.S. b. Sell U.S. dollars from their foreign exchange reserves for other foreign currencies like yens or Euros c. Print more Baht and use them to build new highways in Thailand d. Use Euros and dollars from its foreign exchange reserves to buy Thai government bonds and other Thai assets e. Lower interest rates on Thai government bonds
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