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Chako Chako
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8 years ago
Which one of the following statements is the MOST accurate?
A) Spot exchange rates and forward exchanges rates are equal when the value date and the date of the spot transaction are the same.
B) Spot exchange rates are always higher than forward exchange rates.
C) Spot exchange rates are always lower than forward exchange rates.
D) Spot exchange rates and forward exchanges rates are always equal.
E) Spot exchange rates and forward exchange rates never move closely together.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
8 years ago
Makes a lot of sense, and you're right.. I appreciate the input
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#3
7 years ago
Don't forget to vote my answer as best Nerd Face
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