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Given the following information, what is the rate of change in the exchange rate between (GBP) and (JPY) according to the International Fisher Effect? Real
Given the following information, what is the rate of change in the exchange rate between (GBP) and (JPY) according to the International Fisher Effect?
Real interest rate in UK Japan 2%
Inflation in UK 4%
Nominal interest rate in Japan 3%
Spot rate 200/
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