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    Applied International Economics
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    Exam 14: Exchange Rates and Their Determination: A Basic Model
  5. Question
    Relative PPP States That the Percentage Change in the Exchange
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Relative PPP States That the Percentage Change in the Exchange

Question 35

Question 35

True/False

Relative PPP states that the percentage change in the exchange rate should equal the difference in the percentage change in price levels.

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