FNCE90016 International Financial Management - Part I: PPP Study Using Specific Commodities

Get Expert's Help on Assessment Writing

Part I. PPP Study Using Specific Commodities

Question 1

We start with the Big Mac index. The original data are from The Economist’s website: http://www.economist.com/content/big-mac-index. For this assignment, we want to look at the following regions: USA, Australia, Brazil, Canada, Hong Kong, New Zealand, Philippines, Singapore, UAE, UK. Use data from July 2020, write down the local price, market exchange rate vs. USD, PPP implied exchange rate vs. USD, and relative difference (in percentages) between the two exchange rates.

(5 marks)

Expert's Answer

Hire Expert Tutors

Get Professional Tutoring at Low Price in Australia


Professional

Tutoring Services

25,187+

Orders Delivered

4.9/5

5 Star Rating

621

PhD Experts

 

Amazing Features

Plagiarism Free

Top Quality

Best Price

On-Time Delivery

100% Money Back

24 x 7 Support

TOP