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The International Fisher Effect states that: a) A countrys spot FX rate should change in the same direction as interest rate differentials between countries b)
The International Fisher Effect states that:
a) A countrys spot FX rate should change in the same direction as interest rate differentials between countries
b) A countrys spot exchange rate is expected to change equally in the opposite direction of the interest rate differential
c) There is no relationship between interest rates and FX rates
d) None of the above
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