All of the Following Are Considered Among the Four Most

question 199

Multiple Choice

All of the following are considered among the four most important determinants in explaining exchange rate fluctuations in the long run except

• A)tariffs and quotas.
• B)preferences for domestic and foreign goods.
• C)interest rates.
• D)relative rates of productivity growth across countries.

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Definitions:

P(Z < 2)

The probability that a value Z, on a standard normal distribution, is less than 2.

Normal Distribution

A bell-shaped probability distribution characterized by its mean and standard deviation, indicating that data close to the mean are more prevalent.

Standard Deviation

A statistic that measures the dispersion or variability of a dataset relative to its mean, indicating how spread out the data points are.

Normally Distributed

Describes a distribution of data that forms a bell-shaped curve, symmetrical about its mean, implying that mean, median, and mode are equal.