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Of course, the key to whether the Big Mac index is a good index is whether the Big Mac is representative of the non-traded goods
Of course, the key to whether the Big Mac index is a good index is whether the Big Mac is representative of the non-traded goods of a country that tends to drive the real exchange rate. Do you, or anyone else, think it would be good representative for non-tradables? Or can you think of another good to serve that purpose
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