The currencies of countries enjoying BOP trade surpluses or low inflation rates are more likely to sell at a ________.

The currencies of countries enjoying BOP trade surpluses or low inflation rates are more likely to sell at a ________.

The currencies of countries enjoying BOP trade surpluses or low inflation rates are more likely to sell at a ________.



A. spot discount
B. spot premium
C. forward discount
D. forward premium




Answer: D


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