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Roar Roar
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6 years ago
Assume that the uncovered interest parity condition holds. Also assume that the U.S. interest rate is less than the U.K. interest rate. Given this information, we know that investors expect
A) the pound to depreciate.
B) the pound to appreciate.
C) the dollar-pound exchange rate to remain fixed.
D) the U.S. interest rate to fall.
E) none of the above
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
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legendvpnlegendvpn
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6 years ago
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Roar Author
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6 years ago
Thanks
rhockeygirl
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Yesterday
Smart ... Thanks!
husne
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2 hours ago
Correct Slight Smile TY
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