The idea behind ________ is that exchange rates must adjust over time to maintain the law of one ...

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The idea behind ________ is that exchange rates must adjust over time to maintain the law of one ...

The idea behind ________ is that exchange rates must adjust over time to maintain the law of one price.
A) Arbitrage
B) Purchasing power arbitrage
C) Purchasing power parity
D) Exchange rate risk

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Corporate Finance Online

Edition: 1^st

Authors: Eakins, McNally

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