Exchange rates are equalized in different locations due to:
举一反三
- Exchange rates are equalized in different locations due to __. A: arbitrage. B: government intervention in foreign exchange markets. C: free trade in goods and services. D: the actions of importers and exporters.
- 中国大学MOOC: __________ ensures that exchange rates in different locations are essentially the same.
- __________ ensures that exchange rates in different locations are essentially the same. A: Appreciation of the currency B: Arbitrage C: Forward trading D: Spot trading
- Exchange rates are prices of different currencies, thereby influenced by demand and supply of currencies.
- Under floating exchange rates, short-run exchange rates are primarily determined by national differences in real interest rates and shifting expectations of future exchange rates.