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The Aim of This Report Is to Present an Analysis of the Purchasing Power for the Exchange Rate Between the Us Dollar and the Currencies of Two Advanced Emerging Countries, the Mexican Peso and the Czech Koruna, for the

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Submitted By blondy
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Advanced Emerging Countries – a short description
The QFinance Dictionary defines an emerging country as a country in the early stages of becoming industrialized and undergoing economic growth and foreign investment.
According to an article on Investopedia (2009), these countries have fast-growing economies, characterized by an economic reform program that leads to a stronger economy, transparency and efficiency in the capital. What is more, the article states that for foreign investors, an emerging country provides new places for new factories or other revenue sources. Furthermore, investing in an emerging country means exposing your business to new cultures, and the introduction of fast food or video games to a new local market has been a by-product of foreign investment.
The FTSE (a subsidiary of the London Stock Exchange Group) describes emerging markets as a nation's social, or business activity in the process of rapid industrialization.
Based on national income and the development of their market infrastructure, the FTSE has divided the emerging markets into advanced emerging and secondary emerging countries. Moreover, advanced emerging countries are defined as “upper middle income GNI countries with advanced market infrastructures and high income GNI countries with lesser developed market infrastructures” (FTSE Glossary).
According to the FTSE Global Equity Index Series, The Czech Republic is on the second position in the FTSE Advanced Emerging Countries Ranking, while Mexico is found on the fifth position.
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Report on the purchasing power for the exchange rate between the US dollar and the Mexican peso and the Czech koruna
After computing the Changes in Exchange Rates (Czech Koruna vs US Dollar and
Mexican Peso vs US Dollar) and the Differential inflation rate (please see the computations performed in the excel file – also attached to

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