Concerning exchange rate forecasting, ____ is a common-sense approach based on a wide array of political and economic data.
A) econometric analysis
B) technical analysis
C) judgmental analysis
D) sunspot analysis

Question

Quizplus · Accepted Answer

Judgmental analysis is a common-sense approach based on a wide array of political and economic data, and is the most appropriate choice for exchange rate forecasting in this context. Econometric analysis uses statistical models to analyze historical data and may not take into account current events or unexpected occurrences, while technical analysis focuses on past patterns in exchange rates and may not account for external factors. Sunspot analysis is not a commonly used approach in exchange rate forecasting.

Concerning Exchange Rate Forecasting, ____ Is a Common-Sense Approach Based