Under modern asset theory, what are five different factors that affect a country's exchange rate relative to another country?

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The Answer is Under modern asset theory, relative supply and demand factors determine the value of a currency relative to its trading partners.
Factors that affect a country's FX rate include:
(1) Relative inflation-higher inflation-more costly a country's goods-leading to a lower FX rate;
(2) Relative demand for a country's products & services-higher demand leads to more demand for a country's currency and a higher FX rate;
(3) Relative productivity-more efficient production, lower costs of goods and more demand for a country's currency and higher FX rate; and
(4) Tariffs and barriers keep out goods from other countries making lower demand for their currencies and a higher relative FX rate for a country.

Under Modern Asset Theory, What Are Five Different Factors That