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Business, 26.11.2019 01:31 leyslebravo7117
The price of sooer balls in the united statos is $30 and the price of soccer bails in mexico is $450 pesos. if the theory of purchasing power parity is correct, the exchange rate should be:
a. $1 = 15 pesos
b. $1 = 10 pesos
c. $10=1 peso
d. $15=1 peso
e. none of the above exchange rates is correct
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The price of sooer balls in the united statos is $30 and the price of soccer bails in mexico is $450...
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