Multiple Choice
The _____________ states that in competitive markets free of transportation costs and barriers to trade,identical products sold in different countries must sell for the same price when their price is expressed in terms of the same currency.
A) law of one price
B) principle of consistent pricing
C) model of fair pricing
D) principle of equitable pricing
E) law of purchasing power equity
Correct Answer:
Verified
Correct Answer:
Verified
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