If the basic relationships in Section 22 1 hold, then what will be the relationship between the expected change in the Ruritanian dollar exchange rate and the interest rates in the United States and Ruritania Suppose that you were confident that the exchange rate would not change over the coming year Does this open up a profit opportunity

Question: If the basic relationships in Section 22.1 hold, then what will be the relationship between the expected change in the Ruritanian/dollar exchange rate and the

If the basic relationships in Section 22.1 hold, then what will be the relationship between the expected change in the Ruritanian/dollar and the interest rates in the United States and Ruritania? Suppose that you were confident that the would not change over the coming year. Does this open up a profit opportunity?

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