Problem 1. Compare and contrast the following: the law of one price, absolute purchasing power parity, and relative purchasing power parity?
Problem 2. Compare and contrast the real effective exchange rate index and the normal effective exchange rate index?
Problem 3. Analyze and propose the major differences of American and European denominations?
Problem 4. Compare and contrast the following: foreign exchange market, foreign exchange transaction, and foreign exchange?
Each question mus be at least 200 words with references and the book that I'm using is Fundamentals of Multinational Finance by Moffett, Stonehill, & Eiteman.