Author Question: Purchasing power parity tells us ________. A) what a unit of local currency can buy in its home ... (Read 11 times)

sam.t96 · **on:** Jul 7, 2018

Purchasing power parity tells us ________.

A) what a unit of local currency can buy in its home country
B) the value of goods and services that can be purchased with one unit of a country's currency
C) the relative ability of two countries' currencies to buy the same basket of goods in those two countries
D) what a currency can actually buy in real terms

Question 2

Computer software counterfeiting in an emerging market can have what negative effect?

A) withdrawal of MNEs
B) political instability
C) lack of transparency
D) discourage investment