In the presences of purchasing power parity, if one-dolla... — Answer & Explanation | PrepBeePakistan

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HomeMCQsEconomics

MEDIUMENGLISHEconomics

In the presences of purchasing power parity, if one-dollar exchanges for 2 British pounds and if a DVD player costs $400 in the United States then in Britain the DVD player should cost ?

Correct answer: D

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