Question
Which of the following is most appropriate to force the value of the pound to appreciate against the dollar? Group of answer choices a) The
Which of the following is most appropriate to force the value of the pound to appreciate against the dollar?
Group of answer choices
a) The central bank of the U.S. should sell dollars for pounds in the foreign exchange market and the European Central Bank (ECB) should sell dollars for pounds in the foreign exchange market.
b) The central bank of the U.S. should sell pounds for dollars in the foreign exchange market and the European Central Bank (ECB) should sell pounds in the foreign exchange market.
c) The central bank of the U.S. should sell pounds for dollars in the foreign exchange market and the European Central Bank (ECB) should not intervene.
d) The central bank of the U.S. should sell dollars for pounds in the foreign exchange market and the European Central Bank (ECB) should sell pounds for dollars in the foreign exchange market.
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