If the Interest Rate of One Country Increases,then the Value

question 38

True/False

If the interest rate of one country increases,then the value of that country's currency increases in the forward market.

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Definitions:

Altruism

Behavior that is aimed at helping another, requires some self-sacrifice, and is not performed for personal gain.

Conformity

Changing or adopting a behavior or an attitude in an effort to be consistent with the social norms of a group or the expectations of other people.

Compliance

Acting in accordance with the direct requests of other people.

Obedience

Behaving in accordance with the rules and commands of those in authority.