Question
If the price of Great North Maple Syrup is C $4.00 in Canada, and the exchange rate between Canadian and U.S. dollars is C $1.5877
If the price of Great North Maple Syrup is C $4.00 in Canada, and the exchange rate between Canadian and U.S. dollars is C $1.5877 / U.S. $, what price must Great North Maple Syrup be selling for in the U.S. for the law of one price to hold?
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Principles of Operations Management Sustainability and Supply Chain Management
Authors: Jay Heizer, Barry Render, Chuck Munson
10th edition
978-0134183954, 134183959, 134181980, 978-0134181981
