Question
Which of the following situations would likely lead to an increase in the value of the U.S. dollar? [i] OPEC votes to change crude oil
Which of the following situations would likely lead to an increase in the value of the U.S. dollar? [i] OPEC votes to change crude oil price denomination from USD to the euro [ii] The U.S. is spending billions of dollars to lead the international campaign against terrorism [iii] The government of the People's Republic of China allows the Chinese currency (Yuan) to float freely against the USD [iv] Demand for U.S. goods rises among U.S. major trading partners [v] The U.S. is successful is developing cheaper and more efficient alternative energy sources [vi] The U.S. increases its demand for crude oil and natural gas
A. i, ii, iii
B. ii, iii, iv
C. iii, iv, v
D. iv, v, vi
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