Examlex
Which of the following statements is INCORRECT?
Interest Rate Parity
A financial theory stating that the difference in interest rates between two countries is equal to the difference between the forward and spot exchange rates of their currencies.
Nominal Risk-Free
The rate of return on an investment with no risk of financial loss, not adjusted for inflation.
Export Development Canada
A Canadian government agency that provides financing, insurance, and bonding services to Canadian exporters and investors.
Canadian Exports
Goods or services sold by Canada to other countries.
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