If you were the finance minister of Never Never Land, how would you estimate the long run exchange rate of your currency, the neverback Defend your choice as well as discuss its possible failings ...

We would use a combination of purchasing power parity current exchange rates and estimates of ...

If you were the finance minister of Never-Never Land, how would you estimate the long-run exchange rate

Question:

If you were the finance minister of Never-Never Land, how would you estimate the long-run of your currency, the neverback? Defend your choice as well as discuss its possible failings.
Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...