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    International Economics Study Set 12
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    Exam 12: Exchange Rate Determination
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    Although the Law of One Price Predicts That Identical Goods
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Although the Law of One Price Predicts That Identical Goods

Question 146

Question 146

True/False

Although the law of one price predicts that identical goods should cost the same in all nations, transportation costs and tariffs tend to prevent this prediction from actually occurring.

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