Question
What does this mean for the possible direction of FX changes? What difficulties would these Big Mac prices cause for McDonalds franchise either side of
What does this mean for the possible direction of FX changes?
What difficulties would these Big Mac prices cause for McDonalds franchise either side of the Us/Can border
The Economist magazine gives this information on the PPP rates implied from their BigMac Index. Local Price of one Big Mac Implied Exchange Rate/US$ 500.00 Yen/Bmac 5.00 C$/Bmac 5.00 US$/Bmac 100.00 Yen/US$ 1.00 C$/US$ 4
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Based on the PPP rates implied from the Big Mac Index the Canadian dollar is undervalued compared to ...
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Business in Action
Authors: Courtland Bovee, John Thill
7th edition
9780133773897, 133773892, 978-0133773996
