Regarding Short-Range Exchange Rate Movements,which of the Following Statements Is

question 9

Multiple Choice

Regarding short-range exchange rate movements,which of the following statements is NOT true?

• A) they ​may vary from week to week
• B) ​they may vary from hour to hour
• C) ​are similar to those of the transaction demand determinants of long-term trends in exchange rates
• D) determined by arbitrage activity
• E) ​both a and b are false

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