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    Business
  3. Study Set
    Applied International Economics
  4. Exam
    Exam 14: Exchange Rates and Their Determination: A Basic Model
  5. Question
    PPP Is Used as a Benchmark to Determine What an Exchange
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PPP Is Used as a Benchmark to Determine What an Exchange

Question 97

Question 97

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PPP is used as a benchmark to determine what an exchange rate should be.

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