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Based on the rate of return parity, if the interest rate in Country X is lower relative to Country Y, the currency of _______ is

Based on the rate of return parity, if the interest rate in Country X is lower relative to Country Y, the currency of _______ is expected to _______. Question 6 Select one: A. Country Y; appreciate against Country X's currency B. Country X; depreciate against Country Y's currency C. Country X; appreciate against Country Y's currency D. Country Y; remain unchanged E. Country X; remain unchanged

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