Which of the following reasons can explain why purchasing power parity doesn't hold?
A. Transactions costs
B. Political pressures
C. Fixed prices
D. All of these are reasons why purchasing power parity doesn't hold.
Answer: A
Which of the following reasons can explain why purchasing power parity doesn't hold?
A. Transactions costs
B. Political pressures
C. Fixed prices
D. All of these are reasons why purchasing power parity doesn't hold.
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.