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The condition stating that the nominal interest rate differential between two countries is approximately equal to the percentage change in spot and forward exchange rates
The condition stating that the nominal interest rate differential between two countries is
approximately equal to the percentage change in spot and forward exchange rates is called
c the international Fisher effect
a absolute purchasing power parity
b relative purchasing power parity
d interest rate parity
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
7th Edition
013213683X, 978-0132136839
