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    PPP Applied to the Euro

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    Assume that several European countries that use the euro as their currency experience higher inflation than the United States, while two other European countries that use the euro as their currency experience lower inflation than the United States. According to PPP, how will the euro's value against the dollar be affected?

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    https://brainmass.com/business/finance/ppp-applied-euro-166137

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    The high European inflation overall would reduce the U.S. demand for European products, increase the European demand for U.S. ...

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