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Figure 20.1 Karl Gustav Cassel (1866-1945). Figure 20.2 Different versions of the Law of One Price and PPP* * Some qualifications for the implication arrows may apply, see the main text for details. Figure 20.3 Exchange rates and prices, 1960-2001.
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Figure 20.2 Different versions of the Law of One Price and PPP* * Some qualifications for the implication arrows may apply, see the main text for details.
Figure 20.5 5 US dollar: trade weights (top six) and competitiveness weights
Figure 20.5 5 US dollar: trade weights (top six) and competitiveness weights
Figure 20.7 Euro: effective index weights, EER-23
Figure 20.10 Gross domestic product;top 20, ranked according to PPP, 2003