How Is the Balassa-Samuelson Model Useful in Forecasting Real Exchange

question 102

Short Answer

How is the Balassa-Samuelson model useful in forecasting real exchange rates?

---

Definitions:

Confidence

The feeling of self-assurance arising from an appreciation of one's own abilities or qualities.

Serial Murderers

Individuals who commit a series of murders, usually with psychological gratification as their primary motive.

Empathy

The ability to understand and share the feelings of another from their perspective.

Manipulators

Manipulators are individuals who influence or control others in a clever or unscrupulous way, often for personal gain or advantage.