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( ) 10) In New York market, the spot rate of 1 euro equals to 1.20 U.S. dollars, and in the 180-day forward market, euro
( ) 10) In New York market, the spot rate of 1 euro equals to 1.20 U.S. dollars, and in the 180-day forward market, euro will discount 200 points. This reflects () ,1.2,180 200, A. U.S. dollar will equal to euro B. euro will appreciate C. U.S. dollar will depreciate D. U.S. dollar will appreciate )11) Under present monetary system the basic determination of exchange rate is() , A. golden parity B. mint parity C. IRP D. PPP 12) Under the Brotton Woods the US Dollar took 2 role of () (
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