Foreıgn Trade Deneme Sınavı Sorusu #1390116
Which of the following is one of the important conclusions about the determina-tion of foreign exchange rate between the two currencies?
|
Each deposit holder doesn't convert this return to his/her own currency to compare the return he/she obtained. |
|
It is the expected value since nobody knows the future value of dollar as of tomorrow. |
|
We cannot easily calculate the expected return of $ deposits in terms of Turkish lira as almost zero percent. |
|
The expected rate of return of this type of deposits won't be equal to interest rate paid for them. |
|
We should question the meaning and validity of this assumption. |
If we assume that there is a perfect substitution between two assets with different currencies, the relationship between expected returns produces some important conclusions about the determination of foreign exchange rate between the two currencies. First, we should question the meaning and validity of this assumption. Today, depending upon the globalization process in the world economy, capital is a production factor with a very high mobility. The correct answer is " E ".
Yorumlar
- 0 Yorum