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of Delsey suitcase costs $40 in the United States and 14360 in Japan, what is the estimated exchange rate of the yen per dollar if
of Delsey suitcase costs $40 in the United States and 14360 in Japan, what is the estimated exchange rate of the yen per dollar if absolute purchasing power parity condition holds true? A. $ 1 Y109 B. X1 = $0.0091 C. X174,400 = $1 D. $109 = 1
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