Which of the following most likely results in stronger tenge? а. Outflow of portfolio investments from Kazakhstan to Russia O b. Negative changes in perception of the investment climate in Kazakhstan Decrease in world oil prices (oil is a major export item for Kazakhstan) С. d. Decrease in the supply of USD in the foreign exchange market е. Increase in oil consumption in China, major importer of oil produced in Kazakhstan
Which of the following most likely results in stronger tenge? а. Outflow of portfolio investments from Kazakhstan to Russia O b. Negative changes in perception of the investment climate in Kazakhstan Decrease in world oil prices (oil is a major export item for Kazakhstan) С. d. Decrease in the supply of USD in the foreign exchange market е. Increase in oil consumption in China, major importer of oil produced in Kazakhstan
Chapter1: Making Economics Decisions
Section: Chapter Questions
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![Which of the following most likely results in stronger tenge?
а.
Outflow of portfolio investments from Kazakhstan to Russia
b. Negative changes in perception of the investment climate in
Kazakhstan
С.
Decrease in world oil prices (oil is a major export item for Kazakhstan)
d. Decrease in the supply of USD in the foreign exchange market
е.
Increase in oil consumption in China, major importer of oil produced in
Kazakhstan](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F56e8dc51-c9b4-4e2a-a01b-43a64e4e4a91%2F56a0757d-9e92-4423-93c8-4fa2a0cbb545%2Fcnl1sc_processed.png&w=3840&q=75)
Transcribed Image Text:Which of the following most likely results in stronger tenge?
а.
Outflow of portfolio investments from Kazakhstan to Russia
b. Negative changes in perception of the investment climate in
Kazakhstan
С.
Decrease in world oil prices (oil is a major export item for Kazakhstan)
d. Decrease in the supply of USD in the foreign exchange market
е.
Increase in oil consumption in China, major importer of oil produced in
Kazakhstan
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