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2. Explain relative purchasing power parity. Based on the empirical evidence, does PPP holds all the time for all countries and currencies? Explain how you
2. Explain relative purchasing power parity. Based on the empirical evidence, does PPP holds all the time for all countries and currencies? Explain how you can test if PPP holds for two countries/currencies. What results of your test will indicate that PPP holds
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Trade Union Finance
Authors: Marick F. Masters, Raymond Gibney
1st Edition
1032371382, 978-1032371382
