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The Purchasing Power Parity (PPP)theory Says That in the Long

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The purchasing power parity (PPP) theory says that in the long run,the exchange rate between two currencies should move toward _____ the _____ in each country of an identical basket of internationally traded goods.


Definitions:

Distribution Strategies

Plans and tactics used by a company to deliver their products or services to the consumer or business user.

Prince Sports

Prince Sports is a company known for manufacturing equipment and apparel for tennis and other racquet sports.

Positioning Statement

A declaration that communicates a brand's unique value to its target market in comparison to its competitors.

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