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  3. Study Set
    Multinational Business Finance
  4. Exam
    Exam 9: Foreign Exchange Rate Determination and Intervention
  5. Question
    The More Efficient the Foreign Exchange Market Is, the More
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The More Efficient the Foreign Exchange Market Is, the More

Question 25

Question 25

True/False

The more efficient the foreign exchange market is, the more likely it is that exchange rate movements are random walks.

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