Why does PPP not hold in the short run?

Related questions

1. What is the meaning of PPP?
2. What is GDP PPP and nominal?
3. How is PPP GDP calculated?
4. What is the purpose of purchasing power parity?
5. What is purchasing power parity in simple terms?
6. What is PPP example?
7. How is purchasing power parity used?
8. What is the meaning of Purchasing Power Parity?
9. What is the difference between GDP and GDP PPP?
10. Why do we use PPP?

Tags

1. #which
2. #lower
3. #presence
4. #place
5. #transactions
6. #arbitrage
7. #assumes
8. #condition
9. #transaction
10. #goods
11. #exactly
12. #activity
13. #because
14. #internationally
15. #those
16. #traded
17. #profits
18. #costs