Slide 1 VI. Purchasing Power Parity Read Chapter 4, pp. 102 ‑ 111 1. The Law of One Price (LOP) LOP Conditions for LOP to hold 2. Purchasing Power Parity (PPP) Absolute…
Slide 1 EXCHANGE RATES Slide 2 “I’ve watched year in and year out as companies have shut down and people have lost their jobs because China has not played by the same…