谢同学2022-10-31 22:29:35

原版书module1的EXAMPLE 8 Capital Flows and Exchange Rates的第1题. All else equal, the exchange rate for the EM currency will most likely depreciate if the: A. long-run equilibrium value of the high-yield currency is revised upward. B. nominal yield spread between the EM and DM countries increases over time. C. expected inflation differential between the EM and DM countries is revised upward. 为什么选C？