This process continues until the goods have again the same price. It should be noted that purchasing power parity describes the long run behavior of exchange rates and not short run. The economic forces behind PPP will eventually equalize the purchasing power of currencies but it can take many years...
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The relevance of purchasing power parity in the restoration of equilibrium, following a change in relative prices between two countries. The purchasing power parity is a theory that states that exchange rates between currencies are in equilibrium when the currency of each of the two countries can purchase identical goods in the countries...
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