Nontradables are cited as a reason why purchasing power parity doesn't hold because:

Nontradables are cited as a reason why purchasing power parity doesn't hold because: 




A. goods that you can't transport cannot be sold for a profit elsewhere, even if the price differs in different locations.

B. there is no economic opportunity to profit if the goods cannot be sold in another market for another price.

C. location-specific goods are impossible to calculate a price elsewhere for.

D. All of these statements are true.



Answer: D


Learn More :