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Total: 50 marks Question B2 Consider the Purchasing Power Parity theory a) Explain the purchasing power parity hypothesis. (Word limit: 200) (20 marks) b) Referring
Total: 50 marks Question B2 Consider the Purchasing Power Parity theory a) Explain the purchasing power parity hypothesis. (Word limit: 200) (20 marks) b) Referring to the recent empirical and theoretical literature, discuss the problems in verifying this hypothesis. (Word limit: 800) (30 marks) Total: 50 marks
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International Finance Theory And Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J Melitz,
11th Edition
013451954X, 9780134519548
