Which of the Following Conditions Exist If Absolute Purchasing Power

Which of the following conditions exist if absolute purchasing power parity exists?
I.the goods are identical
II.the goods have equal economic values
III.transaction costs are equal to zero
IV.there are no trade barriers

A) I and III only
B) II and IV only
C) I, III, and IV only
D) I, II, and III only
E) I, II, III, and IV