4. Suppose the price of a particular model of the Gibson Les Paul (LP) guitar in the US is PLp(US) = $4,000, while the price of this kind of LP in GB is PLp(GB) = 2,450. If the $ price of E1 is e = 1.7, O we would expect the prices of this kind of guitars to stay the same in both countries. 0 we would expect the prices of this kind of guitars to fall in both countries. 0 this kind of guitar would be more expensive to buy in the US than in GB. 0 we would expect the price of this kind of guitar in the US to start to fall and the price of this kind of guitar to rise in 68g 0 we would expect people to have incentive to buy this kind of guitar in the US and then go sell it in GB