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The nominal interest rate is x% higher in Europe compared to the USA. What can we expect of the exchange rate between the dollar and
The nominal interest rate is x% higher in Europe compared to the USA. What can we expect of the exchange rate between the dollar and the euro over the next year? a. The euro will decrease in value by x% b. The dollar will increase in value by x% c. The euro will increase in value by x% d. The dollar will decrease in value by x% e. There is not enough information to make a definitive statement regarding exchange rate movement
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