Question: 21 OOOO 1 point A year ago absolute PPP held between the US and Russia. In the subsequent 12 months Russia experienced 10% inflation, while

21 OOOO 1 point A year ago absolute PPP held between the US and Russia. In the subsequent 12 months Russia experienced 10% inflation, while the US had inflation. The ruble depreciated over the dollar over this period US imports from Russia will increase The US gained competitiveness US exports to the Russia will increase The ruble depreciated by less than is necessary to preserve PPP Next Previous

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