The Law of One Price Means That

The Law of One Price means that:

A) Identical products should be priced identically in different markets, once the price is converted to the same currency in each market.
B) Equal prices apply to all products.
C) Pricing differentials disappear across national boundaries, once the price has been converted.
D) The expected value of a product will be equal to its price.
E) Pricing problems occur when a company prices a product differently in other countries.