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If interest rates on the euro are consistently above U.S. dollar interest rates, then for the International Fisher Equation (IFE) to hold between the US

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If interest rates on the euro are consistently above U.S. dollar interest rates, then for the International Fisher Equation (IFE) to hold between the US and the Eurozone, O The nominal exchange rate for the euro will remain constant. O The euro will remain constant with respect to the dollar. O The euro will appreciate against the dollar. Purchasing power parity must hold between the dollar and the euro. The euro will depreciate against the dollar

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