Question
Specify whether the following statement is true, false or uncertain. Explain your answer in a short paragraph. The empirical evidence to support the existence
Specify whether the following statement is true, false or uncertain. Explain your answer in a short paragraph.
" The empirical evidence to support the existence of PPP is so bad that one should not use these models to explain exchange rate movements." (Hint: short-run versus long-run)
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International Management Culture, Strategy and Behavior
Authors: Fred Luthans, Jonathan Doh
10th edition
1259705072, 1259705076, 978-1259705076
