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Basic Question 1 of 3

In a carry trade practice, the funding currencies are:

A. low-yield currencies.
B. high-yield currencies.
C. either low- or high-yield currencies, depending on the investor's position.

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Your review questions and global ranking system were so helpful.
Lina

Lina

Learning Outcome Statements

explain how flows in the balance of payment accounts affect currency exchange rates;

CFA® 2026 Level II Curriculum, Volume 1, Module 8.