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Lecture International finance: An analytical approach (2/e) – Chapter 9: Purchasing power parity

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Lecture International finance: An analytical approach (2/e) – Chapter 9: Purchasing power parity. The goals of this chapter are: To introduce the law of one price (LOP), to derive PPP from the LOP, to assess the empirical validity of PPP, to illustrate the PPP trading rule, to introduce the monetary model.

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