Question
please could you answer this question please Annual inflation rate in the us and Mexico are expected to be 6% and 20% respectively, over the
please could you answer this question please
Annual inflation rate in the us and Mexico are expected to be 6% and 20% respectively, over the next year. If the current exchange rate is $0.005/Ps and PPP holds, what is the expected exchange rate at the end of the next year?
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International Finance Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
10th edition
978-0133425895, 133425894, 978-0133423631, 133423638, 978-0133423648
