Policy: If the exchange rate is 1.36 dollars per euro today and it is expected to be 1.46 dollars per euro next week. 1. How many euros would you be buying today versus next week? 2. Would you make a profit if you buy euros today and sell them next week?
Ok this is a question to be posted in conference for my course. It needs to be kept simple and I need this answered by tomorrow. It is for my Econ 201 course.
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