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Author Question: According to the text, which of the following factors may make the theory of purchasing power parity ... (Read 93 times)

jCorn1234

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According to the text, which of the following factors may make the theory of purchasing power parity unrealistic?
 
  A) Trading countries may stop exchanging goods once prices between them equalize.
  B) Shipping, insurance, and transaction costs may reduce the implication of purchasing power parity.
  C) Prices may not equalize if goods arbitrage is reduced by trade barriers.
  D) The effects of purchasing power parity may not show up until many years have passed.

Question 2

The Tokyo Round of the GATT negotiations was notable because it was the first round
 
  A) that included Japan.
  B) that included textiles and apparel.
  C) to begin establishing rules on subsidies.
  D) to begin discussions of exchange rates.


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kbennett34

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jCorn1234

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


kishoreddi

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Reply 3 on: Yesterday
Wow, this really help

 

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