Suppose the current exchange rate for the Polish zloty is PLN3.03. The expected exchange rate in three
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Suppose the current exchange rate for the Polish zloty is PLN3.03. The expected exchange rate in three years is PLN 3.06. What is the difference in the annual inflation rates for Canada and Poland over this period? Assume that the anticipated rate is constant for both countries. What relationship are you relying on in answering?
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Using the relative purchasing power parity equation F ...View the full answer
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