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write at least 5 sentences (feel free to add more) for each question. (a) Does Big Mac Index work any better than any standard method

write at least 5 sentences (feel free to add more) for each question.

(a) Does Big Mac Index work any better than any standard method of measuring purchasing power parity? Give example.

(b) One strategy used to resolve the international debt crisis was Brady Bond. Explain what Brady Bond is and to what extent the crisis was resolved with this strategy.

(c) What are the assumptions of a parity condition?

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