We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Question and answer - Essay Example

Comments (0)
Summary
The Big Max Index is used to measure or determine the purchasing power parity among nations, using the value of a Big Mac as the yardstick. The Big Mac index…
Download full paper
GRAB THE BEST PAPER
Question and answer
Read TextPreview

Extract of sample
Question and answer

Download file to see previous pages... The theory requires that the goods should be tradable to enable high cost countries to import goods from low-cost countries; therefore, forcing currency values back to purchasing power parity.
The big mac index has relevance because although there are other methods of comparing efforts the Big Mac index receives a lot of attention. For example, the United Nations and the OCED are involved in the International Price Comparison Programme, which analyses a wide range of prices; hence, producing more demanding estimates of the exchange rates that would eradicate price dissimilarities between their members (Carbaugh 394).
I would not substitute it with a basket of goods index because it reflects more than just the cost of meat, bread and vegetables, but also non-tradable elements such as labor and rent; hence, comparing countries roughly at the same stage of development. The basket of goods looks at the non-tradable imports and services indicating that they should be alike in different countries.
The global consumption habits can be derived by establishing the international correlation risk where inequalities in food consumption should be determined. The basket of goods reflects the inequality in food consumption where the little there is in the food basket it reflects how the global market is working.
The between link currency and international trade is determined by various factors such as differential inflation where a country with low inflation rates exhibits a rising currency values. Secondly, the link between the two is differential interest rates where exchange, interest, and inflation rates are highly correlated because by manipulating interest rates the central banks exert influence over inflation. Additionally, the link between currency and international trade is brought about by public debt and current account deficits where some countries work with money that they do not have in ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Question answer
The joint venture entered by both the organisations provided that any dispute that may arise would be resolved by arbitration. Moreover, the law of State X affirms that all the foreign investment agreements need to be sanctioned by the minister of finance.
8 Pages(2000 words)Essay
Question and Answer
In this respect, David Parnas and Humphrey Watts, pioneers in the management of software development, provides some important insights into the requirements for an effective software development program. In this respect, they both argue for the need for adaptability and flexibility in software development in order to create good information systems.
3 Pages(750 words)Essay
Hospitality question and answer
Key responsibilities as per PERT and GANNT chart are delegated to Service Director, Executive Chef, Executive Steward, and Beverage manager. Organizing: Work delegation, chain of command, accountability and
8 Pages(2000 words)Essay
Histology Question and Answer
Contrast the organization of a medium vein with that of a medium artery and explain why veins differ from arteries. A. All blood vessels possess a common
2 Pages(500 words)Essay
Answer question
What time is their regular clearing of checks? In addition, pertinent to the type of institution, prospective depositors need to research on the type pertinent to either
1 Pages(250 words)Essay
Question and Answer
They use dynamic texts to represent sound and emotions of the characters. At the same time, the background of the pictures is also designed to give special meaning to the text and helps to integrate words and meaning
2 Pages(500 words)Essay
Question and Answer
Lastly these children’s attribute of music is self-referential and the subsequent ability to solve problems easily in their life. Most children ask for books that contain stories that they already have a clue about, this is because they have been
2 Pages(500 words)Essay
Find the reference for the related question and answer
By staying ahead of competition, innovation is a way to earn profits that are in most cases above-normal, until others find their way. For the monopolists who have patent protections, it is highly likely that innovation enticements are reduced. Monopolists may
1 Pages(250 words)Essay
Answer question
The state entails an absolute isolation to personal desires with the aim to relive the mind of other mental dilutions. This entails free will of the mind and body in relation to attaining uttermost
1 Pages(250 words)Essay
Answer chapter 8 question
But while reading our message, our reader cannot see us. There must not be a noise that revokes the listener or reader to understand our meaning. Answer: Neither choosing to listen nor choosing to speak is easy task. Both
1 Pages(250 words)Essay
Let us find you another Essay on topic Question and answer for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us