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Chako Chako
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8 years ago
Which of the following statements is the MOST accurate about the Law of One Price on Scandinavian ferry lines?
A) Transportation costs between ferry lines leads to a violation of the Law of One Price.
B) To avoid arbitrage opportunities, the Law of One Price must hold.
C) Due to menu costs, the Law of One Price does not hold.
D) Transaction costs of exchanging currency causes the Law of One Price to fail.
E) The physical distance allowed the Law of One Price to hold.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 104 times
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machukianmachukian
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8 years ago
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Chako Author
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#2
8 years ago
I doubted this website before I signed up. I regret not being a member earlier lol
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#3
8 years ago
Thanks for the feedback, I'm sure others will appreciate it too
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