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A higher nominal interest rate in one country indicates that the countrys currency is expected to _______ Appreciate Depreciate remain the same as exchange rates
A higher nominal interest rate in one country indicates that the countrys currency is expected to _______
Appreciate | ||
Depreciate | ||
remain the same as exchange rates are not impacted by changes in nominal interest rates | ||
Not enough information to make inferences about possible changes in the exchange rate |
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