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Business, 20.12.2019 04:31 Greekfreak

Assume that the law of one price holds. a shirt that retails for $120 in new york sells for £60 in london. the exchange rate between the british pound and the dollar is £1 = $1.50. assuming away transportation costs and trade barriers, this creates a profit-making opportunity called

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Assume that the law of one price holds. a shirt that retails for $120 in new york sells for £60 in l...
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