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    International Economics Study Set 1
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    Exam 12: Exchange Rate Determination
  5. Question
    According to the "Big Mac" Index,if a Big Mac Costs
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According to the "Big Mac" Index,if a Big Mac Costs

Question 52

Question 52

True/False

According to the "Big Mac" index,if a Big Mac costs $2.28 in the United States and 48 baht in Thailand (equivalent to $1.91),the baht is an undervalued currency.

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