As you become more interested in and conversant with international markets, you may find it useful to periodically read the economist. Offered by the economist is a tool that uses the big Mac index to explore exchange rate theory.

http://www.economist.com/content/big-mac-index

Would you be comfortable recommending to your boss that the big Mac index be used as a tool to provide a quick estimate of currency valuations? Why or why not? A business plan is an essential requirement if outside funding is necessary to start a business or buy and existing one. A financial plan is one of the most important components of the Bp.

Answer rating: 100% (QA)

The Big Mac Index The Big Mac index was developed in the year 1986 It was developed as a carefree gu... View the full answer