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13 1 point The implied PPP rate of exchange of Mexican pesos per U.S. dollar is 170 according to the Big Mac Index. The current

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13 1 point The implied PPP rate of exchange of Mexican pesos per U.S. dollar is 170 according to the Big Mac Index. The current exchange rate is MXN 1551. Thus, according to PPP and the of One Price, at the current exchange rate the dollar is correctly valued OOOO appreciating versus the peso undervalued overvalued Next Previous

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