- CFA Exams
- CFA Exam: Level II 2021
- Study Session 4. Economics
- Reading 10. Currency Exchange Rates: Understanding Equilibrium Value
- Subject 7. Exchange rate management: intervention and controls
CFA Practice Question
Which statement is true?
B. Only pull factors can generate bubble-like conditions.
C. Both push and pull factors can generate bubble-like conditions.
A. Only push factors can generate bubble-like conditions.
B. Only pull factors can generate bubble-like conditions.
C. Both push and pull factors can generate bubble-like conditions.
Correct Answer: C
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