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Business, 25.12.2020 18:20 rainbow6e

PURCHASING POWER PARITY In the spot market, 19.1 Mexican pesos can be exchanged for 1 U. S. dollar. A compact disc costs $15 in the United States. If purchasing power parity (PPP) holds, what should be the price of the same disc in Mexico

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PURCHASING POWER PARITY In the spot market, 19.1 Mexican pesos can be exchanged for 1 U. S. dollar....
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