Question
Q1. Exchange rates are quoted as foreign currency per unit of domestic currency or domestic currency per unit of foreign currency. In the light of
Q1.Exchange rates are quoted as foreign currency per unit of domestic currency or domestic currency per unit of foreign currency.
In the light of above statement, use an example to explain the difference between depreciation and appreciation in the value to currency.
Q2.Explain the difference between Spot Rates and Forward Rates
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Macroeconomics Canada in the Global Environment
Authors: Michael Parkin, Robin Bade
8th edition
321778103, 978-0321808370, 321808371, 978-0321778109
