When is a currency said to be overvalued? A) when its internal purcha
When is a currency said to be overvalued?
A) when its internal purchasing power is greater than its external purchasing power
B) when its external purchasing power is greater than its internal purchasing power
C) when its external purchasing power is less than its internal purchasing power
D) when its internal purchasing power is equal than its external purchasing power
ANSWER
Answer: B
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