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Unformatted text preview: rates? 3. What is the J-curve effect? 4. Explain the exchange rate overshooting. 5. Chinese domestic price is expected to increase after 2008 Summer Olympic Gaines and people in the United States believe that. How does this fact affect today's exchange rates in the U.S. market? 6. Yesterday European Union refused to lower their interest rates because of recent inflation pressure on their economy. How does this fact affect today's exchange rates in the U.S. market?...
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- Fall '08
- International Economics