Evaluate undervaluation and overvaluation of exchange rate, Microeconomics

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Evaluate undervaluation and overvaluation of exchange rate

Problem

History of big mac? Evaluate the undervaluation and overvaluation of the exchange rate based on the Big Mac Index. You must cover at least five countries in your discussion? Relevant Topics: Exchange rate undervaluation/overvaluation, Law of One Price (LOP), and Purchasing Power Parity (PPP). These topics should be covered in the discussion, too.

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Microeconomics: Evaluate undervaluation and overvaluation of exchange rate

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