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Long-Term Trends in the Exchange Rate Are Caused by ________

Question 118

Multiple Choice

Long-term trends in the exchange rate are caused by ________ factors,while day-to-day volatility is more likely to be the result of ________.


A) interest rate differentials;technical factors
B) technical;new products and other fundamental factors
C) fundamental;changing interest rate differentials
D) volatile;fundamental factors

Correct Answer:

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