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Which of the follow could explain why the price of a grande latter at a Starbucks in San Diego violates purchasing power parity compared to
Which of the follow could explain why the price of a grande latter at a Starbucks in San Diego violates purchasing power parity compared to a latte in Tijuana?
A). The price of real estate in San Diego is much higher than in Tijuana. | |
B). There is an impenetrable wall along the US-Mexico border. | |
C). Mexican-run businesses offer a level of hospitality that is incomparable to other countries. | |
D). All of the above are possible explanations. |
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