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Please discuss the function of international parity conditions in determining the exchange rate of a pair currency. http://www.economist.com/content/big-mac-index https://www.oecd.org/std/prices-ppp/ https://markets.ft.com/data/bonds

Please discuss the function of international parity conditions in determining the exchange rate of a pair currency.

http://www.economist.com/content/big-mac-index

https://www.oecd.org/std/prices-ppp/

https://markets.ft.com/data/bonds

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