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If Purchasing power parity (PPP) holds, a. the real exchange rate increases b. the real exchange rate decreases c. the real exchange rate does not
If Purchasing power parity (PPP) holds,
a. the real exchange rate increases
b. the real exchange rate decreases
c. the real exchange rate does not change
d. prices in the foreign country will increase
If Purchasing power parity (PPP) holds,
a. the real exchange rate increases
b. the real exchange rate decreases
c. the real exchange rate does not change
d. prices in the foreign country will increase
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