Question
If you think inflation in United States will increase more than that in the Japan between October 2013 and December 2013, the yen would appreciate
If you think inflation in United States will increase more than that in the Japan between October 2013 and December 2013, the yen would appreciate in value relative to the U.S. dollar so the value of the currency futures contract rises. Thus, a long futures position would be the profitable one to take.
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The Business of Tourism Management
Authors: John Beech, Simon Chadwick
1st edition
273688013, 273688014, 9781405871631 , 978-0273688013
