Question: What is Purchasing power parity? Is it the same as the law of one price? What is the reasons PPP may not hold? book :

What is Purchasing power parity? Is it the same as the law of one price? What is the reasons PPP may not hold?

book : International Economics: Theory & Policy, 10th ed. Krugman, P. & Obstfeld, M. Pearson Publishing. 2015 ISBN: 9780133423648

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