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    Global Business Today Study Set 2
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    Exam 9: The Foreign Exchange Market
  5. Question
    In an _____________ Market,forward Exchange Rates Will Not Be the Best
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In an _____________ Market,forward Exchange Rates Will Not Be the Best

Question 98

Question 98

Multiple Choice

In an _____________ market,forward exchange rates will not be the best possible predictors of future spot exchange rates.


A) closed
B) inefficient
C) efficient
D) reciprocal
E) regulated

Correct Answer:

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