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If the current nominal one-year interest rate in the U.S. is 2% and the comparable rate in the Australia is 8%, the Australian dollar will

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If the current nominal one-year interest rate in the U.S. is 2% and the comparable rate in the Australia is 8%, the Australian dollar will by approximately in one year. O depreciate; 6% depreciate; 3% O appreciate; 6% appreciate; 3%

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