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The following are violations of purchasing power parity caused by government regulations. Question 2 options: Doctors make more than lawn boys Cigarettes cost $80 a

The following are violations of purchasing power parity caused by government regulations. Question 2 options: Doctors make more than lawn boys Cigarettes cost $80 a carton in NY, but only $10 a carton in Mexico. Nasonex costs $350/bottle in the USA and $5 a bottle in Istanbul. Nike tennis shoes cost $40 in the USA and $200 in Dubai

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