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q8 The camera you want to buy costs $495 in the U.S. How much will the identical camera cost in Canada if the exchange rate

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The camera you want to buy costs $495 in the U.S. How much will the identical camera cost in Canada if the exchange rate is C$1=$.9128 ? Assume absolute purchasing power parity exists. A. C$527 B. C$542 C. C$491 D. C$452

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