If Thailand wants to maintain a fixed exchange rate of 1 baht per euro, it should euros in the foreign exchange market. To be successful, this policy would have to euros by billion euros at any given exchange rate. In this type of situation, a speculative attack may occur if investors believe which of the following statements? The demand for Thai goods is going to dramatically increase. Thai assets are soon going to increase in value. Thailand is running out of euro reserves. True or False: In the event of a successful speculative attack, Thai businesses tend to suffer because their foreign debt will now cost more to repay. True False