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According to the international Fisher effect, if investors in all countries require the same real rate of return, the differential in nominal interest rates between
According to the international Fisher effect, if investors in all countries require the same real rate of return, the differential in nominal interest rates between any two countries: A. follows their exchange rate movement. B. is due to their inflation differentials. C. is zero. D. is constant over time. E. none of the above.
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