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by what mechanism do interest rates affect currency values? a) Global investors are attracted by higher bond yields in higher interest rate countries b) changes
by what mechanism do interest rates affect currency values?
a) Global investors are attracted by higher bond yields in higher interest rate countries
b) changes in interest rates directly influence the value at which a currency is pegged
c) high interest rates make the currency safer
d) high interest rates slow an economy and make it less attractive to investors
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