According to a survey of professional foreign exchange traders, the theory of purchasing power parity is considered

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According to a survey of professional foreign exchange traders, the theory of purchasing power parity is considered to be “academic jargon.” Why might foreign exchange traders not find PPP to be useful as they trade currencies day-to-day?

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Money, Banking, and the Financial System

ISBN: 978-0134524061

3rd edition

Authors: R. Glenn Hubbard, Anthony Patrick O'Brien

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Question Posted: Jan 03, 2019 08:19 AM

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According to a survey of professional foreign exchange traders, the theory of purchasing power parity is considered

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Money, Banking, and the Financial System

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