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_________ Is the Theory That the Relative Prices of Any

Question 61

Multiple Choice

_________ is the theory that the relative prices of any single good between countries,expressed in each country's currency,is representative of the proper or appropriate exchange rate value.


A) Theory of International Finance
B) Purchasing Power Parity
C) Law of One Price
D) Big Mac Index
E) Whopper Theory

Correct Answer:

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