The Big Mac Index

Abstract: A 4 page paper exploring the usefulness of the Big Mac Index, how it is used in global financing and how it can be used in managing risks, using the February 2007 edition. Britain's The Economist introduced the Big Mac Index in 1986 as a comparison of the relative value of world currencies from the perspective of unique British humor. The index proved to be highly useful and popular, however, and The Economist has published an updated version every year since its 1986 debut. Bibliography lists 6 sources.

Filename: KSeconBigMac.rtf

Pages: 4

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Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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