Question: We define an exchange rate as: the Purchasing power parity the impticlt spot exchange rate between two curnencies quoted in some third currency. the price

We define an exchange rate as:
the Purchasing power parity
the impticlt spot exchange rate between two curnencies quoted in some third currency.
the price of one country's currency expresued in terms of mother country's currency.
the tondon Intertarit Offer Rave
We define an exchange rate as: the Purchasing

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