Which of the Following Caused a Decline in the Dollar/yen

question 51

Multiple Choice

Which of the following caused a decline in the dollar/yen carry trade during 2008-2009?

• A)increase in risk appetite making the carry trade less attractive
• B)decrease in interest rate differentials as the U.S.rates came down
• C)increase in interest rate differentials as Japanese interest rates came down
• D)decrease in interest rate differentials as the U.S.interest rates went up
• E)decrease in interest rate differentials as the Japanese rates went up

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