Question: Question 5 Traders at a stock exchange notice that five traders on the floor seem to be selling more yen and purchasing more euros because
Question
Traders at a stock exchange notice that five traders on the floor seem to be selling more yen and purchasing more
euros because of an expected decline in the yen. As a result, all other traders started to do the same. This is an example
of the
blank that creates a selffulfilling prophecy when the yen does decline in value.
arbitrage
Fisher Effect
decoupling of markets
bandwagon effect
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