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Hello, please help me with this question: Attach the file to see the question 1. The current spot rate between the Canadian dollar and the

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Hello, please help me with this question:

Attach the file to see the question

image text in transcribed 1. The current spot rate between the Canadian dollar and the Thai Baht is 1CAD = 28.81092 THB. If the inflation rates are 5.5% in Thailand and 1.24% in Canada. According to purchasing power parity (PPP) what adjustment in exchange rates should you expect? Circle correct The Canadian dollar should Appreciate Depreciate Amount by

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