Question

    Consider the following statements:

    Statement I:

    A very strong US Dollar squeezes global credit.

    Statement II:

    Many countries and companies outside America borrow in Dollars.

    Which of the following is correct in respect of the above statements?

    A Both statement I and statement II are correct and statement II is the correct explanation for statement I Correct Answer Incorrect Answer
    B Both statement I and statement II are correct and statement II is not the correct explanation for statement I Correct Answer Incorrect Answer
    C Statement I is correct but statement II is incorrect Correct Answer Incorrect Answer
    D Statement I is incorrect but statement II is correct Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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