Business, 25.03.2020 00:36 kingsavage2002

For absolute purchasing power parity to hold: a. transaction costs must be observable. b. interest rates must be uniform on a nominal basis. c. inflation rates must be uniform in all markets. d. tariffs must be imposed on all imported goods. e. products must be identical in all markets.

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For absolute purchasing power parity to hold: a. transaction costs must be observable. b. interest r...

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