According to the international Fisher effect, if U.S. investors a 3% rate of inflation in European countries that use the euro and expect a 4% rate of domestic inflation over one year, and, and require a 2% real return on investments over one year, the nominal interest rate on one-year U.S. Treasury securities would be:

Question 20 options:

	-2%
	6%
	3%
	8%
	4%