7 Speculative effects on exchange rates. Explain why a public forecast about the future value of the

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7 Speculative effects on exchange rates. Explain why a public forecast about the future value of the euro by a respected economist about future interest rates could affect the value of the euro today. Why do some forecasts by well-respected economists have no impact on today’s value of the euro?

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Exploring Economics

ISBN: 9780324395464

4th Edition

Authors: Robert L. Sexton

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