Question
What is required for absolute purchasing power parity to hold? Do you think absolute PPP would hold in the case where a computer retailer in
What is required for absolute purchasing power parity to hold? Do you think absolute PPP would hold in the case where a computer retailer in the U.S. sits directly across the border from a computer retailer in Canada? How about Houston, Texas and Winnipeg, Manitoba?
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Absolute purchasing power parity PPP is an economic theory that states that the exchange rate betwee...
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International Finance Putting Theory Into Practice
Authors: Piet Sercu
1st edition
069113667X, 978-0691136677
