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assess the relevance of the International Parity Conditions
The whole purpose behind this assignment is to get students to apply and assess the relevance of the International Parity Conditions and Purchasing Power Parity (PPP) Theory in a practical setting and using actual data and basic statistics. Students enrolled in this course should also have a working knowledge of Microsoft Excel – which will be used in this assignment for general calculation and plotting data into graphs. This assignment is similar to how economists and analysts in industry approach the topic of exchange rates.