The Bank of England is concerned that the British Pound is weakening against the U.S. Dollar. The appropriate action for the British central bank is to:

The Bank of England is concerned that the British Pound is weakening against the U.S. Dollar. The appropriate action for the British central bank is to:



I buy British Pounds

II buy U.S. Dollars

III sell British Pounds

IV sell U.S. Dollars


Answer: 


I buy British Pounds

IV sell U.S. Dollars


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