​Which of the Following Forecasting Techniques Would Be Most Likely

question 83

Multiple Choice

​Which of the following forecasting techniques would be most likely to use relationships between economic factors and exchange rate movements to forecast the future exchange rate?

• A) ​fundamental forecasting
• B) ​market-based forecasting
• C) ​technical forecasting
• D) ​mixed forecasting

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Definitions:

Dollar Worth

The value of the United States dollar in terms of goods, services, or other currencies.

Legal Obligation

A duty enforceable by law, requiring a person or organization to perform or refrain from performing a certain action.

Basic Necessities

Essential items and services required for individuals to maintain an adequate standard of living, such as food, shelter, and healthcare.

John Rawls

An American political philosopher known for his theory of justice as fairness, which includes principles of liberty and equality that govern the basic structure of society.