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In a Free Market, What Determines Exchange Rates in the Long

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In a free market, what determines exchange rates in the long run and the short run?


Definitions:

T-Test

A statistical test used to compare the means of two groups.

Observations

Data points or information collected during an experiment or study, representing individual instances or occurrences within the research context.

T Test

A statistical test used to compare the means of two groups and determine if they are significantly different from each other.

Dependent Samples

Refers to a set of paired data points where each member of one set is naturally or intrinsically linked or matched to a member of the other set.

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