In the presences of purchasing power parity, if one-dollar exchanges f – McqOptions

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1.	In the presences of purchasing power parity, if one-dollar exchanges for 2 British pounds and if a DVD player costs $400 in the United States then in Britain the DVD player should cost ?
A.	200 pounds
B.	400 pounds
C.	600 pounds
D.	800 pounds
Answer» E.

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