Which of the Following Did NOT Contribute to the Exchange

question 32

Multiple Choice

Which of the following did NOT contribute to the exchange rate collapse in emerging markets in the 1990s?

• A)Infrastructure weaknesses.
• B)Speculation on the part of market participants.
• C)The sharp reduction of cross-border foreign direct investment.
• D)All of the above contributed to the emerging markets exchange rate collapse of the 1990s.