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  3. Study Set
    International Financial Management Study Set 1
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    Exam 9: Forecasting Exchange Rates
  5. Question
    When Measuring Forecast Performance of Different Currencies, It Is Often
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When Measuring Forecast Performance of Different Currencies, It Is Often

Question 8

Question 8

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When measuring forecast performance of different currencies, it is often useful to adjust for their relative sizes. Thus, percentages, rather than nominal amounts, are often used to compute forecast errors.

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