Which of the following contributed to the Asian Crisis?
A: The strong capital inflows from the industrialized countries mainly provided financing for large fiscal deficits in the South East Asian countries.
B: The currencies of most of the Asian countries were substantially undervalued.
C: The Hong Kong dollar was allowed to depreciate.
D: The local borrowers in the Asian countries scrambled to sell local currency to establish hedges against exchange rate risks.
A: The strong capital inflows from the industrialized countries mainly provided financing for large fiscal deficits in the South East Asian countries.
B: The currencies of most of the Asian countries were substantially undervalued.
C: The Hong Kong dollar was allowed to depreciate.
D: The local borrowers in the Asian countries scrambled to sell local currency to establish hedges against exchange rate risks.
举一反三
- The gaps between the United States and the Asian countries of Honk Kong, Singapore, Korea and China have been A: decreasing B: increasing C: remaining fairly constant D: there are no gaps between these Asian countries and the United States
- Now about 80% to 90% of immigration to the United States is from_____. A: Asian and. Hispanic countries B: African countries C: European countries D: Central and South American countries
- For several years, a large sum of money was invested in the "Asian tiger" countries unwisely.
- Many Asian countries were strongly ( ) to the war against Iraq. A: objected B: opposite C: opponent D: opposed
- The phone will be available in ______ of European and Asian countries for a price of 449euros.