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condition where a future spot rate is equal to the current spot rate. E. the variance between the revenue of an exporter who uses forward rates and an equivalent exporter who does not use forward rates. The expected inflation rate in Norway is 6 percent and in the U.S. If a TV in London costs 990, what will that identical TV cost in Tokyo if absolute purchasing power parity exists? A. 4.20 percent C. national registry C. depreciate; remain constant 92.
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