What is the underlying factor that allowed George Soros' success in shorting of the Thailand, Malaysia, and Philippine markets? O These countries had an abundance of foreign reserves. O He was able to affect the market by shorting more than the market was worth. O These countries were not involved in his successful shorting of foreign markets. The countries did not have much foreign reserves.
What is the underlying factor that allowed George Soros' success in shorting of the Thailand, Malaysia, and Philippine markets? O These countries had an abundance of foreign reserves. O He was able to affect the market by shorting more than the market was worth. O These countries were not involved in his successful shorting of foreign markets. The countries did not have much foreign reserves.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Transcribed Image Text:What is the underlying factor that allowed George Soros' success in shorting of the Thailand,
Malaysia, and Philippine markets?
O These countries had an abundance of foreign reserves.
O He was able to affect the market by shorting more than the market was worth.
These countries were not involved in his successful shorting of foreign markets.
The countries did not have much foreign reserves.
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