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Chako Chako
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Posts: 2948
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8 years ago
The PPP theory fails in reality for all of the following reasons EXCEPT
A) inflation rates are unrelated to money supply growth.
B) transport costs.
C) monopolistic or oligopolistic practices in goods markets.
D) the inflation data reported in different countries are based on different commodity baskets.
E)  restrictions on trade.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
7 years ago
Makes a lot of sense, and you're right.. I appreciate the input
wrote...
#3
7 years ago
Thanks for the feedback, I'm sure others will appreciate it too
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