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1. Answer the short Question a What is the law of one price b Write down the absolute form of PPP and interpret it c Write down the relative form of PPP and interpret

1. Answer the short Question:
a. What is the "law of one price"?
b. Write down the absolute form of PPP and interpret it.
c. Write down the relative form of PPP and interpret it.
d. What is a "Spot Exchange Rate " ?

Aug 30 2020 View more View Less

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