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    • Purchasing power parity: the choice of price index 

      Terra, Maria Cristina T.; Abreu, Ana Lucia Vahia de (Escola de Pós-Graduação em Economia da FGV, 2005-04-01)
      Looking closely at the PPP argument, it states that the currencies purchasing power should not change when comparing the same basket goods across countries, and these goods should all be tradable. Hence, if PPP is valid ...