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Author Question: Which one of the following expressions is the MOST accurate? A) CA = EX - IM B) CA = IM - EX C) ... (Read 44 times)

ENagel

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Which one of the following expressions is the MOST accurate?
 
  A) CA = EX - IM
  B) CA = IM - EX
  C) CA = EX = IM
  D) CA = EX + IM
  E) CA - IM = EX

Question 2

Imperfect asset substitutability assumes
 
  A) the returns on foreign and domestic currency bonds are identical.
  B) the returns on foreign and domestic currency are unrelated.
  C) the risks of holding foreign and domestic currency are identical.
  D) the risks of holding foreign and domestic currency are unrelated to returns.
  E) the returns on foreign and domestic currency differ and are influenced by risk.



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thall411

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Answer to Question 1

A

Answer to Question 2

E




ENagel

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Reply 2 on: Jun 30, 2018
Excellent


nothere

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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