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Home Q & A Board Other Fields Homework Help Business Economics
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Chako Chako
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Posts: 2948
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8 years ago
Which of the following statements is the MOST accurate?
A) The prices of identical commodity baskets, when converted to a single currency, are often the same across countries.
B) The prices of identical commodity baskets, when converted to a single currency, are the same across countries.
C) The prices of identical commodity baskets, when converted to a single currency, are the same across countries more than 50% of the time.
D) The prices of identical commodity baskets, when converted to a single currency, differ substantially across countries.
E) The prices of identical commodity baskets, when converted to a single currency, do not differ substantially across countries.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 133 times
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
8 years ago
Makes a lot of sense, and you're right.. I appreciate the input
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#3
8 years ago
Thanks for the feedback, I'm sure others will appreciate it too
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