Paper Abstract
Different parity theories have developed over the years. This 10 page paper examines these theories and considers which, if any, can be seen as accurate in the past and ion the period 2000 – 20-04. The theories considered include absolute purchasing power parity, relative purchasing power parity, covered interested rate parity (CIRP) and uncovered interested rate parity (UCIRP). The bibliography cites 10 sources.
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