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Question 2 1 pts Country France Taiwan Australia Price Index 25,000 NT$ 280,000 A$ 38,000 Price of Canon Rebel Camera 350 NTS 3,800 A$ 500

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Question 2 1 pts Country France Taiwan Australia Price Index 25,000 NT$ 280,000 A$ 38,000 Price of Canon Rebel Camera 350 NTS 3,800 A$ 500 Expected Inflation Rate 5% 9% 796 Based on the information contained in the above table, calculate the Absolute PPP exchange rate between the AUD (Australian dollar) and the EUR. [Assume indirect quote and the EUR is the home currency] AUD 7.37/EUR AUD 1.43/EUR AUD 112/EUR AUD 1.52/EUR

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