English, asked by swapnalikatkar71, 1 month ago

pick out the limitation of the relative version of PPP theory​

Answers

Answered by jyotijadhav3080
0

Answer:

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Answered by rajv63020vishalraj
1

Answer:

Some of the criticisms against the PPP Theory are as follows:

It ignores many real determinants: ...

It is based on unrealistic assumptions: ...

The PPP theory is an empty truism: ...

The theory overlooks the influence of demand and supply factors in foreign exchange: ...

The theory holds good in the long run:

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