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According to Interest Rate Parity, if the Interest rate is 3%p.a. in Italy and 6%p.a. in the USA, against the Euro, we would expect the

According to Interest Rate Parity, if the Interest rate is 3%p.a. in Italy and 6%p.a. in the USA, against the Euro, we would expect the $USD to: (Choose the most appropriate answer) (2 Marks)

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