Which
of these states that the difference in interest rates between two
countries is equal to the percentage difference between the forward
exchange rate and the spot exchange rate?()
A: Arbitrage
equilibrium
B: Relative
purchasing power parity
C: Absolute
purchasing power parity
D: Interest
rate parity
E: Cross-rate
parity
of these states that the difference in interest rates between two
countries is equal to the percentage difference between the forward
exchange rate and the spot exchange rate?()
A: Arbitrage
equilibrium
B: Relative
purchasing power parity
C: Absolute
purchasing power parity
D: Interest
rate parity
E: Cross-rate
parity
举一反三
- _______ states that differential rates of inflation between two countries tend to be offset over time by an equal but opposite change in the spot exchange rate. A: The Fisher Effect B: The International Fisher Effect C: Absolute Purchasing Power Parity D: Relative Purchasing Power Parity
- Covered interest arbitrage is plausible when the forward premium reflect the interest rate differential between two countries specified by the interest rate parity formula.
- According to the interest rate parity theory, when the forward foreign exchange rate is premium, it means that the domestic interest rate( ) A: is equal to the foreign exchange rate B: lower than foreign exchange rates C: higher than foreign exchange rates D: Not sure
- According to the interest rate parity theory, the forward currency of countries with a lower interest rate will appreciate.
- The mint parity refers to the( ) A: gold export point B: gold import point C: equilibrium exchange rate D: ratio of the price of a unit of gold in terms of the currency of<br/>two nations