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Basic Question 14 of 15

What is the primary determinant of exchange rate movements in the short-to-intermediate term?

A. Trade flows
B. Capital flows
C. Central bank interventions

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SalimBouch why?
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I used your notes and passed ... highly recommended!
Lauren

Lauren

Learning Outcome Statements

describe exchange rate regimes and explain the effects of exchange rates on countries' international trade and capital flows

CFA® 2025 Level I Curriculum, Volume 1, Module 7.