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According to Purchasing-Power Parity Theory,if the Same Fast-Food Hamburger Costs

Question 212

Multiple Choice

According to purchasing-power parity theory,if the same fast-food hamburger costs $2.00 in Canada and 10 Tunisian dinars,what should the exchange rate be?


A) 1 / 5 Tunisian dinars per dollar
B) 1 Tunisian dinar per dollar
C) 5 Tunisian dinars per dollar
D) 25 Tunisian dinars per dollar

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