Index

Absolute purchasing power parity (APPP), 49–55, 87

Accumulated other comprehensive income (AOCI), 159

Actual forward FX contract, accounting for, 161

Adjusted Big Mac Index, 72–77

Advanced and emerging economies, 6

Airbus, 162

Altria Group, 159–160

American terms, 2

AMOUNT (in a forward FX contract), 128, 131, 133

AOCI. See Accumulated other comprehensive income

APPP. See Absolute purchasing power parity

Arbitrage, 32

Asset market approach, 107–108

Baker adhesives, 153–154

Balance of payments (BOP), 17–20

deficit, 18

surplus, 18

Balassa–Samuelson effect, 72, 73, 76, 77

Bank for International Settlements (BIS), 13

Bank FX forecasts, 89

The Bank of Canada, 112

Base currency, 1

Big Mac Adjusted PPP Index, 75

Big Mac Purchasing Power Parity ...

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