Question: hello please answer these 2 questions: 1. It has been long observed that absolute purchasing power parity usually fails in reality. Present at least two

hello

please answer these 2 questions:

1. It has been long observed that absolute purchasing power parity usually fails in reality. Present at least two reasons for the failure, and explain in brief why.

2. Explain why forward rates are unbiased predictors of expected spot rates.

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