oussama94
05-28-2017, 23:51
According to the OECD information for September 2002, the exchange
rate between the United States and Canada was 1.58 while the price
level for the United States versus Canada was 122, which translates to anexchange rate of 1.22. Using this PPP model, the USD/CAD is once again
greatly overvalued (by over 25 percent, not that far away from the Big Mac
Index after all).
rate between the United States and Canada was 1.58 while the price
level for the United States versus Canada was 122, which translates to anexchange rate of 1.22. Using this PPP model, the USD/CAD is once again
greatly overvalued (by over 25 percent, not that far away from the Big Mac
Index after all).