Question: What is the purchasingpower parity theory? What are its uses? What is the absolute purchasingpower parity theory? Why is this not acceptable?

What is the purchasing‐power parity theory? What are its uses? What is the absolute purchasing‐power parity theory? Why is this not acceptable?

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According to the purchasing Power Parity Theory the exchange rate between two currencies will be in equilibrium when the domestic purchasing powers be... View full answer

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