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Regarding Short-Range Exchange Rate Movements,which of the Following Statements Is

Question 9

Multiple Choice

Regarding short-range exchange rate movements,which of the following statements is NOT true?


A) they ​may vary from week to week
B) ​they may vary from hour to hour
C) ​are similar to those of the transaction demand determinants of long-term trends in exchange rates
D) determined by arbitrage activity
E) ​both a and b are false

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