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Fill in the Values for the Implied Exchange Rate in the Various

question 43

Essay

Fill in the values for the implied exchange rate in the various currencies per United States (US)dollar in the following table. Assume that the Big Mac burger sells for $3.06 in the United States of America. Explain whether the US dollar is overvalued or undervalued relative to each currency and predict what will happen in the future to each exchange rate.
Fill in the values for the implied exchange rate in the various currencies per United States (US)dollar in the following table. Assume that the Big Mac burger sells for $3.06 in the United States of America. Explain whether the US dollar is overvalued or undervalued relative to each currency and predict what will happen in the future to each exchange rate.     _____________________________________________________________________________________________ _____________________________________________________________________________________________
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