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the higher the exchange rate the ___ is return on foreign asset as a higer exchage rate ___ a) higher, makes foreign investment more expensive
the higher the exchange rate the ___ is return on foreign asset as a higer exchage rate ___
a) higher, makes foreign investment more expensive as the home currency appreciates
b) lower, also means a higher expected exchage rate thereby increasing foreign return
c) higher, makes foreign investment less expensive as the foreign currency depreciate
d) lower, makes foreign investment more expensive and in turn, results in fewer proceeds from foreign assets
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