menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    International Economics Study Set 12
  4. Exam
    Exam 12: Exchange Rate Determination
  5. Question
    According to the Law of One Price, Identical Goods Should
Solved

According to the Law of One Price, Identical Goods Should

Question 135

Question 135

True/False

According to the law of one price, identical goods should cost the same in all nations, assuming there are no shipping costs nor trade barriers.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q130: Under a system of floating exchange rates,

Q131: Concerning exchange rate forecasting, technical analysis extrapolates

Q132: Suppose that the exchange value of the

Q133: If the U.S.interest rate rises relative to

Q134: Exchange rate determination in the short run

Q136: Which of the following is likely to

Q137: If apples sell for $50 per box

Q138: If the interest rate in Japan increases

Q139: The purchasing-power-parity theory is used to predict

Q140: The relationship between the exchange rate and

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines