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    Macroeconomics Study Set 38
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    Exam 20: Exchange Rates and International Finance
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    Explain Why the Law of One Price May Not Hold
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Explain Why the Law of One Price May Not Hold

Question 80

Question 80

Essay

Explain why the law of one price may not hold for some classes of goods. Give three examples of these types of goods.

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The law of one price states that prices ...

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