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    Exam 20: Exchange Rates and International Finance
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    Which of the Following Explains Why the Law of One
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Which of the Following Explains Why the Law of One

Question 117

Question 117

Multiple Choice

Which of the following explains why the law of one price might not hold?


A) trade barriers
B) transportation costs
C) institutions
D) differences in preferences
E) All of these answers are correct.

Correct Answer:

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