Question: Explain the difference between Interest Rate Parity (IRP), Purchasing Power Parity (PPP) and International Fischer Effect (IFE). Does PPP eliminate concerns about long-term exchange rate
Explain the difference between Interest Rate Parity (IRP), Purchasing Power Parity (PPP) and International Fischer Effect (IFE). Does PPP eliminate concerns about long-term exchange rate risk? Explain your answer
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