Top Posters
Since Sunday
r
4
L
4
3
d
3
M
3
l
3
V
3
s
3
d
3
a
3
g
3
j
3
Home Q & A Board Other Fields Homework Help Business
New Topic  
79ed 79ed
wrote...
Go to Answer
Posts: 3131
Rep: 23 0
8 years ago
Sam has been studying the price of wheat across markets. If a kilogram of wheat costs €1.5 in France and $1 in the United States, the law of one price would tell us ________.
A) wheat is under priced in France
B) the expected exchange rate between the euro and the dollar is €1.5/$
C) wheat is over priced in France
D) an arbitrage opportunity exists in the international wheat market
Textbook 
International Business: The Challenges of Globalization

International Business: The Challenges of Globalization


Edition: 7th
Author:
Read 299 times
3 Replies
Replies
Answer verified by a subject expert
kelbakelba
wrote...
#1
Top Poster
Posts: 3570
Rep: 159 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

79ed Author
wrote...
#2
8 years ago
I really appreciate your help, thank u
wrote...
#3
8 years ago
I will check out your other questions too
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1687 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 164
  
 391
  
 285
Your Opinion
Who will win the 2024 president election?
Votes: 119
Closes: November 4
Previous poll results: Which industry do you think artificial intelligence (AI) will impact the most?