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79ed 79ed
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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:
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kelbakelba
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79ed Author
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#2
8 years ago
I really appreciate your help, thank u
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#3
8 years ago
I will check out your other questions too
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