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Chako Chako
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Posts: 2948
8 years ago
The study of exchange rate determination is a relatively new part of international economics, since
A) the calculations required for this were not possible before modern computers became available.
B) economic theory developed by David Hume demonstrated that real exchange rates remain fixed over time.
C) dynamic overshooting asset pricing models are a recent theoretical development.
D) the exchange rate never fluctuates.
E) for much of the past century, exchange rates were fixed by government action.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 228 times
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machukianmachukian
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Posts: 2946
8 years ago
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Chako Author
wrote...
8 years ago
Correct!
wrote...
8 years ago
Good luck
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