Posted: September 2nd, 2022
In an ideal world one country’s exchange rate versus another would efficiently reflect the difference in Purchasing Power Parity of each country. In reality, this is rarely the case. Explain why not, using real world examples.
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In an ideal world one country’s exchange rate versus another would efficiently reflect the difference in Purchasing Power Parity of each country. In reality, this is rarely the case. Explain why not, using real world examples.
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