2. For years, Swiss Franc is over-valued and Turkish lira is undervalued and both countries are not happy with this. why?

3. one of the important variables in an open economy is net foreign investment in the form of direct investment and portfolio investment. Recently the share of foreigners in the stock market is about 50% and there is no possibilty of net capital outflow. is this good for a country with savings lower than investments?

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2 OverValued Swiss Franc and Undervalued Turkish Lira Swiss Franc CHF An overvalued currency like the Swiss Franc can make Swiss exports more expensiv... View the full answer