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Which One of the Following Statements Is the Most Accurate

Question 49

Multiple Choice

Which one of the following statements is the most accurate?


A) The purchasing power of any given country will increase in countries where the prices of non-tradable goods rise.
B) The purchasing power of any given country will fall in countries where the prices of non-tradable goods fall.
C) The purchasing power of any given country will fall in countries where the prices of non-tradable goods rise.
D) The purchasing power of any given country will remain constant in countries where the prices of non-tradable goods rise.
E) The purchasing power of any given country will fall in countries where the prices of non-tradable goods remain constant.

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