Lets say that you are going to take a months trip to a Latin American country that
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Let’s say that you are going to take a month’s trip to a Latin American country that has a relatively stable economy. Are you better off exchanging your dollars for that nation’s currency as soon as you know that you are going to make the trip, or should you wait to buy that foreign currency just before you leave the United States?
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Interestingly if you believe in efficient markets it really does not ...View the full answer
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