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    International Economics Study Set 12
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    Exam 12: Exchange Rate Determination
  5. Question
    The Asset-Markets Approach Views Exchange-Rate Determination as Similar to the Stock
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The Asset-Markets Approach Views Exchange-Rate Determination as Similar to the Stock

Question 40

Question 40

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The asset-markets approach views exchange-rate determination as similar to the stock market, in which prices are volatile and expectations are important.

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