The tendency of the prices of identical baskets of goods across countries to converge:
A) Is stronger to the extent the countries compared have substantial tariffs on imported goods.
B) Is weaker, the higher the cost of transporting the goods between countries.
C) Is stronger for goods and services not traded internationally.
D) Would tend to become weaker when countries eliminated quotas on imports of the goods in the baskets.
Correct Answer:
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