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Although IRP tends to hold, it may not hold precisely all the time Multiple Choice due to arbitrage transactions only. due to transactions costs, like
Although IRP tends to hold, it may not hold precisely all the time
Multiple Choice
due to arbitrage transactions only.
due to transactions costs, like the bidask spread only.
due to capital controls imposed by governments only.
due to transactions costs, like the bidask spread, as well as capital controls imposed by governments.
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