Foreign exchange speculation is not attractive to investors because of its low risk nature.
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Q30: A person normally purchases items using the
Q31: Explain the theory of purchasing power parity.
Q32: What percentage of all foreign-exchange trading involves
Q33: Currencies that are freely tradable are called
Q34: The direct exchange rate and the indirect
Q36: _ assume exchange rate risks by acquiring
Q37: Why are arbitrage activities important to the
Q38: What is the international Fisher effect? Explain
Q39: Most developing countries have hard currencies.
Q40: Explain how the rising value of the
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