If a Currency's Forward Price in U

question 105

True/False

If a currency's forward price in U. S. dollars is higher than the spot price, interest rates are higher in the foreign country than they are in the U.S.

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Definitions:

Internalize

The process of incorporating the values, attitudes, or norms of another into one's own belief system or behavior.

Withdrawn

A state or condition of being emotionally detached and isolated from others.

Lonely

A feeling of sadness because one has no friends or company.

Telegraphic Speech

A stage in language acquisition during early childhood, characterized by simple, concise sentences that usually lack grammatical elements but convey meaning.