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The UK-Euroexchange rate is 1=euro 1.1. Assume the UK interest rate is20% and theeurointerestrate is 5%.To what extent does the data confirm either or both
The UK-Euroexchange rate is 1=euro 1.1. Assume the UK interest rate is20% and theeurointerestrate is 5%.To what extent does the data confirm either or both ofAbsolute PPP and Relative PPP?
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