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Chako Chako
wrote...
Posts: 2948
8 years ago
Under fixed exchange rate, in general
A) the domestic and foreign interest rates are equal, R = R.
B) R = R + (Ee - E)/E.
C) the foreign and domestic interest rates are unequal.
D) the expected rate of currency depreciation is one.
E) the expected rate of domestic currency depreciation is high.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 133 times
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Answer verified by a subject expert
machukianmachukian
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Top Poster
Posts: 2946
8 years ago
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Chako Author
wrote...
8 years ago
Makes a lot of sense, and you're right.. I appreciate the input
wrote...
7 years ago
Don't forget to vote my answer as best Nerd Face
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