Solved

If the Average Rate of Inflation in the World Rises

Question 16

Multiple Choice

If the average rate of inflation in the world rises from 5% to 7%, this will tend to make forward exchange rates move toward


A) smaller premiums or larger discounts in relation to the dollar
B) larger premiums or smaller discounts in relation to the dollar
C) no change on average
D) can't tell what will happen

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents