DMPQ-Explain how exchange Rate and Purchasing Power Parity effect each other.
Exchange rates in the ideal sense be a reflection of differences in purchasing power of economies on account of various factors. However, this is true only if the entire global world had free trade, without any restrictions, ability of goods to move across geographies without any hindrance, similar like a bird flying, ability to reach … Read more DMPQ-Explain how exchange Rate and Purchasing Power Parity effect each other.