Author Question: One of the reasons the pound depreciated in 1992 was: A) because Britain was running out of stock ... (Read 120 times)

Caiter2013 · **on:** Jun 30, 2018

One of the reasons the pound depreciated in 1992 was:

A) because Britain was running out of stock of foreign currency reserves.
B) because Britain started exporting more than it imported
C) because Britain started importing more than it exported.
D) because speculative trading had decreased in foreign exchange markets.

Question 2

Corporate income is taxed twice.

Indicate whether the statement is true or false