Question:
"A theory of international exchange which holds that the price of similar goods in different countries is the same " is the concept of :
"A theory of international exchange which holds that the price of similar goods in different countries is the same " is the concept of :
Updated On: Oct 18, 2024
- Real exchange rate
- Present value
- Purchasing power parity
- Nominal exchange rate
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The Correct Option is C
Solution and Explanation
The correct option is (C) : Purchasing power parity
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