Go to The Economist website and search for the Big Mac Index for a recent time period. Compare the Purchasing Power of the United States with another country. Try to choose a country with which you are not very familiar. What does this parity say about the potential standard of living in the country you chose? What does it say about the potential wage level?
Choose 2 world currencies other than the US Dollar Go to OANDA.COM or any other Currency exchange calculator tool that includes current valuation
Choose 2 world currencies other than the US Dollar Go to OANDA.COM or any other Currency exchange calculator tool that includes current valuation and 90-day historical value. Use the software to obtain currency information and complete an analysis of the two selected currencies. For each currency, answer the following: