The purchasing power parity theory holds in the long run because
A)countries have different exchange rate systems.
B)countries need time to adjust to international market regulations.
C)in the long run,prices are often subject to government-led disturbances.
D)it is difficult to calculate the real exchange rates in the short run.

Question

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The Answer of The purchasing power parity theory holds in the long run because
A)countries have different exchange rate systems.
B)countries need time to adjust to international market regulations.
C)in the long run,prices are often subject to government-led disturbances.
D)it is difficult to calculate the real exchange rates in the short run.

The Purchasing Power Parity Theory Holds in the Long Run