What does absolute PPP say? Why might it not hold for many types of goods?

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Fundamentals Of Corporate Finance

ISBN: 9780077178239

3rd Edition

Authors: David Hillier, Iain Clacher, Stephen A. Ross

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Question Posted: Jul 08, 2024 09:02 AM

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a. What does absolute PPP say? Why might it not hold for many types of goods? b. According to relative PPP, what determines the change in exchange rates?
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What does absolute PPP say? Why might it not hold for many types of goods?

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Fundamentals Of Corporate Finance

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