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Question 15 1 pts Suppose the price of a BigMac in the US is $325 while it is JY 290 in Japan and RMB 28

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Question 15 1 pts Suppose the price of a BigMac in the US is $325 while it is JY 290 in Japan and RMB 28 in China. According to the going exchange rate, one USD is equal to 100 yen and B RM Based on absolute PPP violations described above, the following strategy would work the best for a US company that produces in China and sells in the US produces in China and tels in Japan products in the US and sells in Japan produces in an and sells in China

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