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Business, 20.09.2020 14:01 wcraig1998

Assume that the level of capital flows between the U. S. and the country of Krendo is negligible (close to zero) and will continue to be negligible. There is a substantial amount of trade between the U. S. and the country of Krendo and no capital flows. Thus, the inflation effect will be than the interest rate effect in influencing the exchanger rate of Krendo against U. S. dollar.

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Assume that the level of capital flows between the U. S. and the country of Krendo is negligible (cl...
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