hespotandforwardmarketsforU.S.dollarsandanothercurrency.forwardpremiumN)theproportionatedifferencebetweenthecurrentforwardexchangeratevalueofacurrencyanditscurrentspotvalue.longposition:H)anetassetpositionshortposition:B)anetliabilitypositioncoveredinterestarbitrage:K)buyingacountry'scurrencyspotandsellingitforward,binationofhigherinterestratesinthatcountryandanyforwardpremiumonitscurrency.coveredinterestparity:D)theconditionwheretheforwardrateofacurrencyismorethanthespotratebythesamepercentagethatitsinterestrateislowerthantheothercountry'sinterestrate.uncoveredinterestparity:F)whenacurrencyisexpectedtoappreciatebyasmuchasitsinterestrateislowerthantheinterestrateintheothercountry.capitalcontrols:C)governmentpoliciesthatlimittheabilityoffinancialinvestorstotransfermoneysinoroutofthecountry.
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