In your view, what are the strengths of the portfolio balance or asset market approach as an explanation of exchange rate determination What are the weaknesses of the approach ...

Students might respond to this question by indicating that the asset approach offers plausible exp ...

In your view, what are the strengths of the portfolio balance or asset market approach as an

Question:

In your view, what are the strengths of the balance or asset market approach as an explanation of determination? What are the weaknesses of the approach?
Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars... Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...