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One reason purchasing power parity deviations may be slow to adjust to world conditions is ? A . arbitrage is not a significant factor in

One reason purchasing power parity deviations may be slow to adjust to world conditions is $?$

A $.$ arbitrage is not a significant factor in currency markets

B $.$ domestic currencies are usually easily manipulated

C $.$ it is difficult to convert price levels to a common currency

D $.$ relative prices of domestic services are slow to change

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