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Which of the following explains why purchasing power parity does not completely explain long-run ...

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Which of the following explains why purchasing power parity does not completely explain long-run ...

Which of the following explains why purchasing power parity does not completely explain long-run fluctuations in exchange rates?
A) Some goods and services produced in any country are not traded internationally.
B) Consumer preferences for goods and services across countries are very similar.
C) Most countries do not impose barriers to trade.
D) Most countries have free markets with little, if any, governmeAnswer: ation.

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InMacro

Edition: 1^st

Authors: Hubbard, O'Brien

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Fathead56 Author

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

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Thanks for your help!!

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