Question: PPP may hold better for some countries than for others. The Thai baht has been freely floating for more than a decade. How do

PPP may hold better for some countries than for others. The Thai

PPP may hold better for some countries than for others. The Thai baht has been freely floating for more than a decade. How do you think Blades can gain insight into whether PPP holds for Thailand? Offer some logic to explain why the PPP relationship may not hold here.

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