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In: Economics

Use a simple formula for predicting appreciation or depreciation of the nominal exchange rate. List TWO...

Use a simple formula for predicting appreciation or depreciation of the nominal exchange rate. List TWO most relevant economic factors that the professional forecasters should consider for determining if the New Zealand dollar is likely to appreciate against the US dollar in the immediate future. State and explain your forecast for the NZD against the USD based on your assumptions about the current economic conditions.

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