Question
If a basket of goods cost $1000 in canada and the Canadian dollar exchange rate is $1.40=1 euro, then according to the theory of purchasing
If a basket of goods cost $1000 in canada and the Canadian dollar exchange rate is $1.40=1 euro, then according to the theory of purchasing power parity the same basket of goods in Europe should cost ................. euros?
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Puzzle Of Latin American Economic Development
Authors: Patrice Franko
2nd Edition
0742524663, 9780742524668
