What is meant by the foreign currency being at ciap, International Economics

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What is meant by the foreign currency being at ciap

Problem

What is meant by the foreign currency being at covered interest arbitrage parity (CIAP)? What are some of the forces that can prevent the achievement of CIAP?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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International Economics: What is meant by the foreign currency being at ciap

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International Economics: What is meant by the foreign currency being at ciap

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