Why are arbitrage activities important to the international monetary system?
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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
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Q38: What is the international Fisher effect? Explain
Q39: Most developing countries have hard currencies.
Q40: Explain how the rising value of the
Q41: A forward transaction _.
A) is a foreign
Q42: The _ consists of foreign-exchange transactions that
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