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Business, 10.05.2021 23:00 katiedurden02

According to the theory of purchasing power parity, if the inflation rate in England is greater than the inflation rate in Japan Group of answer choices the law of one price has been violated. the nominal value of the yen will appreciate against the pound. the nominal value of the pound will appreciate against the yen, but only if the two countries are on the gold standard. the nominal value of the pound will appreciate against the yen.

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According to the theory of purchasing power parity, if the inflation rate in England is greater than...
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