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Business, 23.07.2019 03:30 karkarntx

If a starbucks vanilla latte costs $5 in seattle and 4 euros in paris, what must the exchange rate be if purchasing power parity holds? a) 4 euros per dollar b) 0.80 euros per dollar c) 1.25 euros per dollar d) 20 euros per dollar

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If a starbucks vanilla latte costs $5 in seattle and 4 euros in paris, what must the exchange rate b...
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