Does interest rate parity hold? If not, why not? Will the Canadian dollar depreciate further or appreciate

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Does interest rate parity hold? If not, why not?

Will the Canadian dollar depreciate further or appreciate against the U.S. dollar if the Fed raises the interest rate while the Canadian interest rate remains at 0.17 percent a year?

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Macroeconomics

ISBN: 9781292433608

14th Global Edition

Authors: Michael Parkin

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