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Thanks Alan. the question is from one of the samples’
Japan yen/$ 85.45.    1yr  Infl=1.2%
Uk.£/$       0.62.       Infl=1.6
US.                     Infl=1.3

According to relative purchase price parity, which of the below is accurate?

1) Japan’s will depreciate
2) uk’s will be about the same

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