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    Political Science
  3. Study Set
    International Trade Theory and Policy
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    Exam 16: Price Levels and the Exchange Rate in the Long Run
  5. Question
    Explain Why Exchange Rate Model Based on PPP Is a Long
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Explain Why Exchange Rate Model Based on PPP Is a Long

Question 59

Question 59

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Explain why exchange rate model based on PPP is a long run theory.

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PPP theory is a monetary approach to the...

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