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The price of canola oil satisfies absolute PPP and is $3.4 per liter in the US. The exchange rate between the US and Mexico is

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The price of canola oil satisfies absolute PPP and is $3.4 per liter in the US. The exchange rate between the US and Mexico is $0.08. What is the price of oil in Mexico? A 12.5 pesos B. 2.5 pesos C 0.27 pesos Answer is not listed or is not possible OD. E 42.5 pesos

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