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Let P Denote the Price of Goods in the United

Question 10

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Let P denote the price of goods in the United States, Let P denote the price of goods in the United States,   Denote the price of goods in the foreign country,and E the exchange rate,measured as the number of units of foreign currency that can be purchased with one dollar.According to the law of one price, A)    . B)    . C)    . D)    . E)    .
Denote the price of goods in the foreign country,and E the exchange rate,measured as the number of units of foreign currency that can be purchased with one dollar.According to the law of one price,


A) Let P denote the price of goods in the United States,   Denote the price of goods in the foreign country,and E the exchange rate,measured as the number of units of foreign currency that can be purchased with one dollar.According to the law of one price, A)    . B)    . C)    . D)    . E)    . .
B) Let P denote the price of goods in the United States,   Denote the price of goods in the foreign country,and E the exchange rate,measured as the number of units of foreign currency that can be purchased with one dollar.According to the law of one price, A)    . B)    . C)    . D)    . E)    . .
C) Let P denote the price of goods in the United States,   Denote the price of goods in the foreign country,and E the exchange rate,measured as the number of units of foreign currency that can be purchased with one dollar.According to the law of one price, A)    . B)    . C)    . D)    . E)    . .
D) Let P denote the price of goods in the United States,   Denote the price of goods in the foreign country,and E the exchange rate,measured as the number of units of foreign currency that can be purchased with one dollar.According to the law of one price, A)    . B)    . C)    . D)    . E)    . .
E) Let P denote the price of goods in the United States,   Denote the price of goods in the foreign country,and E the exchange rate,measured as the number of units of foreign currency that can be purchased with one dollar.According to the law of one price, A)    . B)    . C)    . D)    . E)    . .

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