International finance essay question
Introduction In 2016, Britain shocked the world by voting to exit the EU, China, and other growing markets remained uncertain, with the cost of products still in fall. However, the U.S economy seemed bright by comparison (Laura, & Rafael, 2016). Although, the U.S Federal Reserve kept postponing plans to increase interest rates in spite of the unemployment number falling to 4.9%.
Why forwards is an unbiased predictor of future spot rates?
As growth prospects are analyzed for the global economy, keeping insight the duty of the U.S current account deficit, it becomes difficult to predict the future spot rates. Moreover, the U.S. commercial counterparts on current account deficits continued with ...