Question 15 1 pts Which of the following statements is FALSE? Forward rate should provide more accurate forecasts for currencies in low-inflation countries than the spot rate. Forecasting exchange rates can influence an MNC's decision about whether its foreign subsidiary should reinvest earnings in a foreign country or remit earnings back to the parent. While the inflation differential by itself is not sufficient to accurately forecast exchange rate movements, it should be included in any fundamental forecasting model of exchange rates. Forecasting exchange rates tends to be more accurate for short-term than for long-term time horizon. It is extremely difficult to forecast exchange rates with accuracy.