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Author Question: If ________ didn't hold, the price of goods would change because merchants would buy cheap goods and ... (Read 70 times)

frankwu

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Question 1

Governments become very concerned with their exchange rates because they directly affect the
◦ foreign economy.
◦ demand of currency.
◦ domestic economy.
◦ supply of currency.

Question 2

If ________ didn't hold, the price of goods would change because merchants would buy cheap goods and avoid the expensive ones.
◦ purchasing power parity
◦ arbitrage
◦ exchange rates
◦ law of one price


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Marked as best answer by frankwu on Apr 25, 2021

aliotak

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frankwu

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Reply 2 on: Apr 25, 2021
Thanks for the timely response, appreciate it


sarah_brady415

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Reply 3 on: Yesterday
:D TYSM

 

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