B2. Purchasing-power parity holds between the nations of Ectenia and Wiknam, where the only commodity is Spam a. Calcula
Posted: Fri Jul 01, 2022 7:52 am
B2. Purchasing-power parity holds between the nations of Ectenia and Wiknam, where the only commodity is Spam a. Calculate the exchange between Ectenian dollars and Wiknamian pesos if a can of Spam costs 4 dollars in Ectenia and 24 pesos in Wiknam? b. Using the market for foreign currencies exchange to explain the exchange rate if Ectenia receive more FDI from Wiknam? $1000