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.

---

Definitions:

Constitutionality

The quality of being in accordance with a constitution, especially with regard to laws and governmental actions.

Social Policies

Guidelines, principles, legislation, and activities that affect the living conditions conducive to human welfare.

Ethnic Minorities

Groups within a community who have different national or cultural traditions from the main population, often having distinct language, religion, or heritage.

Working Poor

Describes individuals who are employed but whose earnings are not sufficient to lift them above the poverty threshold.