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We would expect exports of Australian wheat to increase if the Australian dollar was trading at a__________ to the New Zealand dollar. AnswerInterest rate parityCovered

We would expect exports of Australian wheat to increase if the Australian dollar was trading at a__________ to the New Zealand dollar.

AnswerInterest rate parityCovered arbitrageUncovered arbitrageForward premiumNominal rateForward discountReal rateExchange rateForward rateSpot rate

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