Relative purchasing power parity implies a country will see its currency keep the same value, if

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Relative purchasing power parity implies that countries with equal inflation rates will see their currencies maintain the same value relative to each other. This concept suggests that the exchange rate between two countries will adjust to reflect changes in the price levels (inflation rates) of the two countries, thus if the inflation rates are equal, the exchange rate should, in theory, remain constant, maintaining the relative value of the currencies.

Relative Purchasing Power Parity Implies a Country Will See Its