1a The variation of inflation rate between the U.S. and other countries have been a few percentage...
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1aThe variation of inflation rate between the U.S. and other countries have been a few percentage in general.However, the annual exchange rates between the US dollars and other foreign currencies have changed by 10 percent or more.What does this information suggest about Purchasing Power Parity?
1b. Do you agree ifthe domestic currency appreciation and depreciation against foreign currencies affect the firm's operation cash inflows?Explain.
Related Book For
International Financial Statement Analysis CFA Institute Investment Series
ISBN: 9780470287668
1st Edition
Authors: Thomas R. Robinson, Hennie Van Greuning CFA, Elaine Henry, Michael A. Broihahn, Sir David Tweedie
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