The Two Key Factors That Trigger Speculative Attacks on Emerging

question 3

Multiple Choice

The two key factors that trigger speculative attacks on emerging market currencies are ________.

• A)deterioration in bank balance sheets and low interest rates abroad
• B)deterioration in bank balance sheets and severe fiscal imbalances
• C)low interest rates abroad and severe fiscal imbalances
• D)low interest rates abroad and rising asset prices

---

Definitions:

Attribute

A quality or feature regarded as a characteristic or inherent part of someone or something.