| 21. | The Big Mac Index is an informal measure of purchasing power parity among world currencies.
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| 22. | If purchasing power parity held exactly, then the real exchange rate would always equal one.
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| 23. | Exchange-rate pass-through is also related to the law of one price and purchasing power parity.
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| 24. | Heston is considered a leading world expert on international economic comparisons and purchasing power parity.
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| 25. | An example is a country's purchasing power parity.
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| 26. | While Spain's economy itself is not doing great, purchasing power parity is generally going back up.
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| 27. | Arbitrage moves different currencies toward purchasing power parity.
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| 28. | The European Union has established a global gross domestic product by purchasing power parity ( PPP ).
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| 29. | :: Although the loaf of bread is a better indicator of the purchasing power parity as gold.
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| 30. | The league table using purchasing power parity is going to be different from merely exchange rates, which fluctuate.
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