The idea that the exchange rate adjusts to keep buying power constant among currencies is called: Select
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Question:
The idea that the exchange rate adjusts to keep buying power constant among currencies is called:
Select one:
1. interest rate parity.
2. uncovered interest rate parity.
3. purchasing power parity.
4. the international Fisher effect.
5. the unbiased forward rates condition.
Related Book For
Financial Management Theory and Practice
ISBN: 978-1305632295
15th edition
Authors: Eugene F. Brigham, Michael C. Ehrhardt
Posted Date: