Albert Hawkins is a famous writer. He has authored more than fifteen books in Spanish. He publishes his thoughts online and updates the pages periodically. This online account has generated much public interest in Spain and has many readers

The table below is taken from the Big Mac Index. After reviewing it, answer the questions listed below

Country Big Mac Prices in U.S. dollars or local currency Official Exchange Rate (-)/(+) Under/Over Valuation against $, % United States $3.73 China Yuan 14.5 6.65/$1 Norway Kroner 45 6.25/$1 Thailand Baht 70 32.3/$1 Mexico Peso 32 12.8/$1 What is meant by PPP? According to this table, which is the most overvalued and undervalued currency? Fill the last column showing under or over valuation of local currencies. Give reasons for your answer. What is the primary drawback of this index? How can this be used?

In 1984, the ________ Commission adopted what was termed a "Misleading Advertising Directive" similar to Section 5 of the FTCA

A) European Union's B) United Nation's C) NAFTA D) Mercosur