Question: A burger costs $5 in the US, while the same burger costs 90 baht in Thailand. However, the current actual exchange rate is 36baht/$. We

A burger costs $5 in the US, while the same burger costs 90 baht in Thailand. However, the current actual exchange rate is 36baht/$. We can say that Thai baht is 50% overvalued. Thai baht is 100% overvalued. Thai baht is 50% undervalued. Thai baht is 100% undervalued

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