Which of the Following Did Not Help Thailand Maintain Its

question 172

Multiple Choice

Which of the following did not help Thailand maintain its peg against the dollar in the 1990s?

• A)borrowing dollars from the International Monetary Fund in exchange for baht
• B)buying baht on the foreign exchange market to support higher demand for the baht
• C)increasing domestic interest rates to attract more foreign investors
• D)foreigners selling off new investments in Thailand

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