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Author Question: Which of the following stipulates that an identical product must have an identical price in all ... (Read 51 times)

acc299

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on: Jul 7, 2018
Which of the following stipulates that an identical product must have an identical price in all countries when the price is expressed in a common currency?
 
  A) purchasing power parity
  B) the law of one price
  C) the comparative advantage theory
  D) the efficient market view

Question 2

When the law of one price is violated, a(n) ________ opportunity arises.
 
  A) dumping
  B) countertrade
  C) arbitrage
  D) devaluation


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momo1250

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Reply #1 on: Jul 7, 2018
Answer to Question 1

You are a life saver.

Answer to Question 2

C


acc299

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Reply 2 on: Jul 7, 2018
Thanks for the timely response, appreciate it

cassie_ragen

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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