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Author Question: The theory of international exchange that holds that exchange rates are set so that the prices of ... (Read 118 times)

c0205847

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on: Apr 19, 2019

Question 1

The law of one price states that if the costs of transportation are ________, the price of the same good in different countries should be ________.


◦ large; roughly the same
◦ large; exactly the same
◦ small; very different
◦ small; roughly the same

Question 2

The theory of international exchange that holds that exchange rates are set so that the prices of ________ goods in different countries is ________ is the purchasing power parity theory.


◦ similar; the same
◦ nondurable; negotiable
◦ different; the same
◦ durable; fixed
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by c0205847 on Apr 19, 2019

joechoochoy

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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c0205847

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

Dinolord

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Reply 3 on: Yesterday
Excellent

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