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QUESTION 59 Assume the exchange rate is 1 U.S. dollar equals 1.50 Canadian dollars. If purchasing power parity is correct, a DVD that has a

QUESTION 59 Assume the exchange rate is 1 U.S. dollar equals 1.50 Canadian dollars. If purchasing power parity is correct, a DVD that has a price of 24 Canadian dollars in Canada will have a price of $ in Rochester, New York. 24 36

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