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Assume that a good has a trade cost of 10% of its value. According to the arbitrage model, what is the range of real exchange

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Assume that a good has a trade cost of 10% of its value. According to the arbitrage model, what is the range of real exchange rates that could result from the no-arbitrage conditions? O 0.89 to 1.10 O 0.90 to 1.09 O 0.85 to 1.15 O 0.91 to 1.10

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