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QUESTION 1 (A) DEFINE THE THEORY OF PURCHASING POWER PARITY AND ILLUSTRATE USING AN EXAMPLE, THE IMPACT OF HIGHER INFLATION ON A COUNTRY'S EXCHANGE RATE

QUESTION 1 (A) DEFINE THE THEORY OF PURCHASING POWER PARITY AND ILLUSTRATE USING AN EXAMPLE, THE IMPACT OF HIGHER INFLATION ON A COUNTRY'S EXCHANGE RATE

(b)DESCRIBE THE GENESIS OF THE IMF AND GIVE TWO EXAMPLES OF HOW ITS ROLE HAS EVOLVED OVER TIME

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