=+12. Suppose that interest parity does not hold exactly, but that the true relationship is , where
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=+12. Suppose that interest parity does not hold exactly, but that the true relationship is
, where is a term measuring the differential riskiness of
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Related Book For
International Economics
ISBN: 9780132146654
9th Edition
Authors: Paul R. Krugman, Maurice Obstfeld, Marc Melitz
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