Source: "The Big, Mac Index, Our Interactive Currency Companson Tool, The Ecconsmist, last modified lanaary 10, 2019, accessed September 27, 2019, Antes:T/www. economist.conynews/2019/07/10/the-big-mac-index. Purchasing-power parity (PPP) theory states that exchange rates would need to equalize the prices of poods in any two countries. For the dollar price of a Big Mac to be the same in both countries; a U.S. citizen would need to be able to convert $5.74 into exactly GBP 3.29. To find the exchange rate at which hamburger purchasing power is the same in both countries, divide the price in the United States by the price in the United Kingdom: PPPExchangeRate(U.S.DollarsperBritishpound)=68%30187=$1.74perpound The exchange rate that would have equalqed the dollar price of a Big Mac in the United States and the Euro area (that is, the ppp exchange rate for Big Macs) is . This change would mean that the euro had against the dollar. If Big Macs were a durable good that could be costlessly transported between countries, which of the following would present an arbitrage opportunity? Check all that apply. Exporting Big Macs from the Euro area to the United States Exporting Big Macs from the United Kingdom to Poland Exporting Big Macs from Norway to China