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Assume a Big Mac sells for $4.39 in the United States and Ps 62.5 in Mexico, what is the Ps/$ exchange rate according to the

Assume a Big Mac sells for $4.39 in the United States and Ps 62.5 in Mexico, what is the Ps/$ exchange rate according to the purchasing power parity theory? Multiple Choice PS.0702/$1 PS.0752/51 Ps13.29/$1 Ps14.24/$1 Ps14.32/$1

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