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PPP is one of the most widely researched areas in international finance and one of the most controversial in the theory of exchange rate determination. The book also shows how The Big Mac Index could have been used to predict the Asian Currency Crisis and the Mexican Peso stand-off where more traditional economic measures failed.
PPP is one of the most widely researched areas in international finance and one of the most controversial in the theory of exchange rate determination. The book also shows how The Big Mac Index could have been used to predict the Asian Currency Crisis and the Mexican Peso stand-off where more traditional economic measures failed.
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