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Examine the structure of the foreign exchange market. Assess the change in structure from a two-tier market to a one-tier market. 200 words

Question 1

Compare and contrast the following: foreign exchange market, foreign exchange transaction, and foreign exchange.

Question 2

Compare and contrast the real effective exchange rate index and the nominal effective exchange rate index.

Question 3

Evaluate and outline the principal utility of the foreign exchange market.

Question 4

Compare and contrast the Fisher effect and the international Fisher effect.

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