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What is purchasing power parity (PPP)? What does PPP theory imply about equilibrium real exchange rate? What does PPP theory predict in terms of the
- What is purchasing power parity (PPP)? What does PPP theory imply about equilibrium real exchange rate? What does PPP theory predict in terms of the relationship between the nominal exchange rate and inflation differential between countries?
- Why are price levels generally higher in more developed economies? Why do more rapidly developing economies generally experience higher domestic inflation than those growing more slowly? What do these observations imply about equilibrium real exchange rate?
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Crafting and Executing Strategy The Quest for Competitive Advantage
Authors: Arthur Thompson, Margaret Peteraf, John Gamble, A. J. Strickland III
19th edition
78029503, 978-0078029509
