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The theory of ______ states that the prices of tradable goods, when expressed in a common currency, will tend to equalize across countries as a result of exchange rate changes.
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Aug 22, 2019
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The theory of ______ states that the prices of tradable goods, when expressed in a common currency, will tend to equalize across countries as a result of exchange rate changes.
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The answer is; Purchasing Power Parity.
Hope this helped! :)
Bencekd
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Aug 28, 2019
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