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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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Roar Author
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6 years ago
this is exactly what I needed
klyn
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Yesterday
Helped a lot
deathwing
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2 hours ago
Thanks
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