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Question 16 Please use the data below, to answer the following question. BigMac price in the US BigMac price in Mexico. Current Exchange Rate USD

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Question 16 Please use the data below, to answer the following question. BigMac price in the US BigMac price in Mexico. Current Exchange Rate USD 3.50 O exports to Mexico O Imports from Mexico MXN 80 1 USD - MXN 20 Based on absolute PPP violations present in the above data, it would be beneficial for a US company that: 10 pts

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