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Reptor Reptor
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6 years ago
Differences in price levels
A) explain well actual exchange rate movements.
B) are not capable of explaining well actual exchange rate movements, particularly in the short run.
C) have been small for most countries in the post-World War II period.
D) only can be explained by the fact that little foreign trade actually takes place.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
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vehmeinvehmein
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6 years ago
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Reptor Author
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6 years ago
Thanks
joyceess
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
gma_of_7
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2 hours ago
Helped a lot
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