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If the spot rate is $1.39 and the U.S. inflation rate is expected to be 6 percent and the eurozone member inflation rate is expected
If the spot rate is $1.39 and the U.S. inflation rate is expected to be 6 percent and the eurozone member inflation rate is expected to be 3 percent, then relative expected inflation rates, we expect the euro to appreciate from $1.39 to $1.43 over the next year True False
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