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In Unite 16, Which of the following is not true?
A.
There are competing views of how exchange rate volatility affects FDI flows.
B.
The paper finds that FDI declined with the appreciation of the yen against host country currencies.
C.
Capital market imperfection cannot explain the stylized fact that different types of FDI respond differently to exchange rate changes.
D.
Compared with the relationship between exchange rate changes and FDI,the impact of exchange rate volatility on FDI is more ambiguous.