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:

Construction

The process of building or assembling infrastructure, including the planning, design, and financing, continuing until the project is ready for use.

Food Services

The industry which includes all establishments that prepare and serve food and beverages to customers.

Standard of Living

The degree of wealth, comfort, material goods and necessities available to a person, group, or society.

Discouraged Workers

Refers to individuals who have stopped looking for work because they believe no jobs are available for them.