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Under fixed exchange rate, in general... a.the domestic and foreign interest rates are unequal. b.E e does not equal E. c.the foreign interest rate exceeds
Under fixed exchange rate, in general...
a.the domestic and foreign interest rates are unequal.
b.Eedoes not equal E.
c.the foreign interest rate exceeds the domestic interest rate.
d.the expected rate of domestic currency depreciation is zero.
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