Question
The camera you want to buy costs $455 in the U.S. If absolute purchasing power parity exists, the identical camera will cost _____ in Canada
The camera you want to buy costs $455 in the U.S. If absolute purchasing power parity exists, the identical camera will cost _____ in Canada if the exchange rate is C$1 = $0.7527. A. C$453.67
B. C$342.48
C. C$605.82
D. C$604.49
E. C$603.16
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The Routledge Handbook Of FinTech
Authors: K. Thomas Liaw
1st Edition
0367263599, 978-0367263591
