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Business, 26.11.2019 18:31 Meliiiii

One year ago the spot rate of u. s. dollars for canadian dollars was $1/c$1. since that time the rate of inflation in the u. s. has been 4% greater than that in canada. based on the theory of relative ppp, the current spot exchange rate of u. s. dollars for canadian dollars should be approximately

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One year ago the spot rate of u. s. dollars for canadian dollars was $1/c$1. since that time the rat...

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