When one country has higher nominal interest rates than another country, the high-interest-rate currency is expected to ________ relative to the low-interest-rate currency
A) depreciate
B) appreciate
C) stay constant
D) None of the above
A
Economics
You might also like to view...
By hedging with futures, buyers and sellers are eliminating basis futures price level risk and assuming level risk.
a. true b. false
Economics
Populist policies are not successful even in the immediate short run at stimulating the economy and creating jobs
Indicate whether the statement is true or false
Economics