_______________________________ can set the stage for international financial investors first to send their funds to a country and cause an appreciation of its exchange rate and then to pull their funds out and cause a depreciation of the exchange rate and a financial crisis as well.
A. Trade balance
B. Twin deficits
C. Trade deficits
D. Crowding out
Answer:A
_______________________________ can set the stage for international financial investors first to send their funds to a country and cause an appreciation of its exchange rate and then to pull their funds out and cause a depreciation of the exchange rate and a financial crisis as well.
A. Trade balance B. Twin deficits C. Trade deficits D. Crowding out
Explanation: Type: Multiple Choice