Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Free Preparation Discussions
MENU
CIMA Exam CIMAPRA19-P03-1 Topic 2 Question 25 Discussion
Actual exam question for
CIMA's
CIMAPRA19-P03-1 exam
Question #: 25
Topic #: 2
[All CIMAPRA19-P03-1 Questions]
Topic #: 2
The long-term prospects for inflation in the UK and the USA are 2% and 6% per annum respectively.
The GBP/USD spot rate is currently GBP/USD1.71.
Usingpurchasingpowerparitytheory, what GBP/USD spot rate would you expect to see inthree months' time?
Suggested Answer:
A, B, D
Currently there are no comments in this discussion, be the first to comment!