The main conclusion drawn from the theory of interest rate parity is that

A) a single currency will increase economic welfare.
B) arbitrage opportunities may persist for long periods of time.
C) investors can seldom earn higher returns from foreign investments than from domestic ones.
D) exchange rates adjust slowly to their proper levels.
E) fixed exchange rates are superior to flexible ones.

C

Business

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The ____ is the ratio of earned value to actual cost and can be used to estimate the projected cost of completing the project.

a. SV b. CV c. CPI d. SPI

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Under the strategy of intensive distribution, the producer gives only a limited number of dealers the exclusive right to distribute its products in their territories

Indicate whether the statement is true or false

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