Question
The CPI in Europe is 140, and the CPI in U.S. is 133. If absolute purchasing power parity does NOT hold, and the nominal exchange
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The CPI in Europe is 140, and the CPI in U.S. is 133. If absolute purchasing power parity does NOT hold, and the nominal exchange rate is 0.90 $/, then the real exchange rate ($/) is _________(Round to two decimal places).
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The Handbook Of Equity Market Anomalies
Authors: Leonard Zacks
1st Edition
0470905905, 978-0470905906
