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    Applied International Economics
  4. Exam
    Exam 14: Exchange Rates and Their Determination: A Basic Model
  5. Question
    Empirical Tests of PPP Often Fail as a Short-Run Predictor
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Empirical Tests of PPP Often Fail as a Short-Run Predictor

Question 116

Question 116

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Empirical tests of PPP often fail as a short-run predictor of future nominal exchange rates.

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