Which of the Following Is Not True Regarding Thailand

question 3

Multiple Choice

Which of the following is not true regarding Thailand

• A) Thailand was one of the slowest growing countries over the 1985-1994 period.
• B) High levels of spending and low levels of saving placed upward pressure on prices of real estate, products, and on Thailand's local interest rate.
• C) Thailand's baht was linked to the dollar prior to July 1997, which made Thailand an attractive site for foreign investors.
• D) Thai banks provided many loans that were very risky in their attempt to make use of all of their funds.
• E) All of the above are true.

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Definitions:

Issue Date

The date on which a financial instrument or document, such as a bond or a check, is issued and becomes effective.

National Credit Cards

Credit cards that are accepted within a specific country, which might not be valid for international transactions.

Credit Card Companies

Businesses that issue credit cards and facilitate credit transactions between consumers and merchants.

Receivables Businesses

Companies that specialize in managing and collecting accounts receivable on behalf of other businesses.