salvadorperez26
22.04.2020 •
Business
2. One of the most fundamental determinants of the exchange rate is whereby the exchange rate between the currencies of two countries is in equilibrium when it equates the prices of a basket of goods and services in both countries.
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Ответ:
PURCHASING POWER PARITY.
Explanation: Purchasing power is defined as the amount of goods and services that can be bought with a unit of currency.
PURCHASING POWER PARITY refers to a theory of long-term equilibrium exchange rates based on relative price levels of two countries.
Exchange rates is determined by a whole number of factors some of which include; Differentials in Inflation; Differentials in Interest Rates; Current Account Deficits; Public Debt;etc.
Ответ:
Evidence to puncture the Big Bang Theory