Absolute Purchasing Power Parity

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Uploaded by on Jan 23, 2010

An introduction to Absolute Purchasing Power Parity

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Education

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Standard YouTube License

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  • thank you so much! I wish my uni professors could explain as clearly as you do! Thanks again, this was really useful

  • Americans love their Burgers, don't they

  • hrm..but your example of Mcdonalds isnt great. surely the prices in USA and Canada need not be the same because there is very little possibility of arbitrage oppurtunity. That is..you can't buy from canada and then sell in USA..i think Law of One price only applies to tradeable goods.

    but great principles and teaching. keep it up! many thanks

  • you r teaching sensation!!!!!!!!!!!!!

  • u r xcellent at explaining

  • u r greatttttttttttttttttttttttttt­tttttttttttttttttttt

  • well explained!

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