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A)Your favorite running shoes cost $91 in the U.S. while the identical shoes cost Can$114.50 in Canada. According to purchasing power parity, what is the
A)Your favorite running shoes cost $91 in the U.S. while the identical shoes cost Can$114.50 in Canada. According to purchasing power parity, what is the Can$/$ exchange rate?
| Can$0.7948/$1 | |
| Can$0.8426/$1 | |
| Can$0.9108/$1 | |
| Can$1.2582/$1 | |
| Can$1.3305/$1 B)The current spot rate between the UK and the U.S. is |
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