When the USD is worth less forward than it is worth spot, we say that the USD is trading at a 'premium'.
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Q31: Suppose an Australian importer buys manufacturing equipment
Q32: Australia's exchange rate regime is called a:
A)
Q33: In a direct FX quote:
A) the price
Q34: Which statement is FALSE?
A) All arbitrage involves
Q35: According to the 'purchasing power parity' (PPP),
Q37: An exporter selling to the US market
Q38: If an FX dealer gives a quote
Q39: The real exchange rate (RER) is defined
Q40: The international code for the UK pound
Q41: If an exporter to the US expects
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