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Using the Asset Approach/IRP model, analyze the increase in the UK interest rate on value of the spot exchange rate on a graph. Make sure
Using the Asset Approach/IRP model, analyze the increase in the UK interest rate on value of the spot exchange rate on a graph. Make sure to name all the axes, lines and show the equilibrium points. Please explain the reason the shifts on the graph. Note that Foreign country is United Kingdom and its money is Pound.
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