Business, 26.05.2021 04:10 jaccamoboy
Assume the BigMac is sold at US$5 in US and 3 Euro in Germany. Let's assume the current spot exchange rate is 1.21 US$/Euro. If we believe in th PPP theory, US$ should against Euro. Group of answer choices appreciate depreciate
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Assume the BigMac is sold at US$5 in US and 3 Euro in Germany. Let's assume the current spot exchang...
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