李同學(xué)
2024-08-04 15:22老師,這題讓indicate,是不是要先說明二選一哪一個國家會看到貨幣升值?然后解釋原因?我這么答能不能得分: country X is more likely to experience an appreciate in local currency. Because: 1) Recall the covered interest rate parity, real interest rate should be the same across countries, as country X has a lower inflation rate, it is more likely to have an appreciation in local currency. 2) As new law's that allows foreign direct investment has been passed in country X, international capital is more easily inflowing to country X which could exert local currency appriciation. 3) The current account surplus of country X pushes it's local currency to appreciate. 4) Although country Y has a higher expected GDP growth and government bond rate, which seems more attractive for international capital to inflow to lead local currency appreciation, the deny of direct foreign investment law offset this advantage. Thus country x is more likely to have a currency appriciation.
所屬:CFA Level III > Capital Market Expectations 視頻位置 相關(guān)試題
來源: 視頻位置 相關(guān)試題
1個回答
Johnny助教
2024-08-05 11:35
該回答已被題主采納
同學(xué)你好,你題目完全理解錯了,他沒有讓你從這些條件來綜合判斷哪個貨幣會升值,他要求的是每個條件單獨(dú)分開來看,各條件下分別是哪個貨幣會升值,Looking independently at each of the economic observations,所以這樣就會方便多了。
