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Question 20 3 pts Assuming that Purchasing Power Parity (PPP) holds, if the exchange rate between the US and China is 7.14 Yuan/Dollar, and the

Question 20 3 pts Assuming that Purchasing Power Parity (PPP) holds, if the exchange rate between the US and China is 7.14 Yuan/Dollar, and the current price of gold is $1,725 per ounce, what is the price of gold in China? Round your answer to the nearest whole yuan. E

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