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ejoignez ejoignez
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8 years ago
Which of the following best describes the concept of purchasing power parity (PPP)?
A) In emerging markets, the ability to buy goods and services depends on the influx of FDI from international MNEs.
B) In the future, a world currency will create equality in the global marketplace and eliminate disparity.
C) The fluctuation in exchange rates disrupts international trade because the value of goods and services is inconsistent.
D) Eventually, the exchange rate of two currencies will be equalized and the same goods will have the same price in two countries.
Textbook 
International Business: Strategy, Management, and the New Realities

International Business: Strategy, Management, and the New Realities


Edition: 1st
Authors:
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JewelSmithJewelSmith
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7 years ago
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ejoignez Author
wrote...
7 years ago
Thank you, JewelSmith

You were correct!
wrote...
7 years ago
Excellent stuff, will be around if you need moi Slight Smile
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