Question
If interest rates are lower in the United States than in the European union, then the US dollar will _________________ against the Euro and the
If interest rates are lower in the United States than in the European union, then the US dollar will _________________ against the Euro and the Euro forward exchange rates will be ______________ compared to the Euro spot exchange rate.
A. appreciate, higher
B. appreciate, lower
C. depreciate, higher
D. depreciate, lower
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Personal Finance
Authors: E Thomas Garman, Raymond E Forgue
10th Edition
143903902X, 9781439039021
