Business, 22.04.2020 05:06 Woodlandgirl14

One year ago, the spot rate of U. S. dollars for Canadian dollars was .90 USD/CAD. Since that time, 17) the rate of inflation in the U. S has been 2% higher 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 .90 USD/CAD. Since that time,...

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