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Reptor Reptor
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6 years ago
Differences in price levels
A) explain well actual exchange rate movements.
B) are not capable of explaining well actual exchange rate movements, particularly in the short run.
C) have been small for most countries in the post-World War II period.
D) only can be explained by the fact that little foreign trade actually takes place.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
Authors:
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vehmeinvehmein
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6 years ago
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Reptor Author
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6 years ago
Brilliant ツ
hmonier
wrote...

Yesterday
Good timing, thanks!
patod1
wrote...

2 hours ago
Helped a lot
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