Question: Pro Corp., a U.S.-based MNC, uses purchasing power parity to forecast the value of the Thai baht (THB), which has a current exchange rate of

Pro Corp., a U.S.-based MNC, uses purchasing power parity to forecast

Pro Corp., a U.S.-based MNC, uses purchasing power parity to forecast the value of the Thai baht (THB), which has a current exchange rate of $o.o22. Inflation in the United States is expected to be scenario, Pro Corp. would forecast the value of the baht at the end of the year to be: O a. $0.023. b. $0.021 O c. $0.020. d. None of the above

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