McqMate
Q. |
To force the value of the dollar to appreciate against the pound, the Federal Reserve should: |
A. | sell pounds for dollars in the foreign exchange market and the Bank of England should sell pounds for dollars in the foreign exchange market. |
B. | sell dollars for pounds in the foreign exchange market and the Bank of England should sell pounds for dollars in the foreign exchange market. |
C. | sell dollars for pounds in the foreign exchange market and the Bank of England should not intervene. |
D. | sell dollars for pounds in the foreign exchange market and the Bank of England should sell dollars for pounds in the foreign exchange market. |
Answer» A. sell pounds for dollars in the foreign exchange market and the Bank of England should sell pounds for dollars in the foreign exchange market. |
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