Which of the following forecasting techniques is typically based on formal economic models of exchange determination,which link exchange rates to money supply,inflation rates,productivity growth rates,and the current account?

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Fundamental analysis is the forecasting technique that is typically based on formal economic models of exchange determination. It links exchange rates to various economic factors such as money supply, inflation rates, productivity growth rates, and the current account. Market-based forecasts rely on market trends and sentiments, technical analysis focuses on price charts and indicators, and statistical analysis uses past data to make predictions.

Which of the Following Forecasting Techniques Is Typically Based on Formal