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The expected interest rate in the USA is 10% and the expected interest in the Canada is 10% in next year. Currently the interest rate

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The expected interest rate in the USA is 10% and the expected interest in the Canada is 10% in next year. Currently the interest rate in the USA is 8% and in Canada it is 10% Which currency will appreciate in next year? a. Currency of Canada will appreciate b. Currency of USA will appreciate c. Currency of Canada will remain same d. None of the above

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