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    International Economics Study Set 11
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    Exam 20: The Foreign Exchange Market
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    A Given Exchange Rate Will Be More or Less the Same
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A Given Exchange Rate Will Be More or Less the Same

Question 14

Question 14

Multiple Choice

A given exchange rate will be more or less the same in all of the world's financial Markets because of


A) hedging.
B) interest arbitrage.
C) speculation.
D) currency arbitrage.

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