Which of the Statements Below Is TRUE

question 33

Multiple Choice

Which of the statements below is TRUE?

• A)Spot rates are based upon the interest rates for two countries.
• B)Forward Indirect Ratet = Current Indirect Rate × .
• C)There is no way to lock in future currency exchange rates.
• D)What the International Fisher Effect really tells us is that inflation rates the world round are the same and that one cannot exploit different inflation rates across different countries.