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A particular TV costs $660 in the US and520 in Italy.If the current exchange rate is $1.1/,find the profit (in euros) an arbitrageur could earn

A particular TV costs $660 in the US and520 in Italy.If the current exchange rate is $1.1/,find the profit (in euros) an arbitrageur could earn per TV according to absolute PPP.Do not use currency symbols or words when entering your response.

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