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15.2 Demand and supply shifts in foreign exchange markets  (Page 15/15)

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  • Card 15 / 15:
    purchasing power parity (PPP)

    the exchange rate that equalizes the prices of internationally traded goods across countries

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Practice FlashCards 9 Key Terms 2

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Source:  OpenStax, Principles of macroeconomics for ap® courses. OpenStax CNX. Aug 24, 2015 Download for free at http://legacy.cnx.org/content/col11864/1.2
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