Question: Consider an MNC that uses market - based lorecanting to extimate lahure exthange rates. Note: Assume ef represents the percentage change in the value of

Consider an MNC that uses market-based lorecanting to extimate lahure exthange rates.
Note: Assume ef represents the percentage change in the value of curvency of interest.
If an MNC uses the curreot spot rate of a currency as lis forecant lor the hare spot rate of that currency, then it must avvarne that E(ef)=0.
Falve
True
Consider an MNC that uses market - based

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