Which of the Following Supports the Idea That the Prices

question 54

Multiple Choice

Which of the following supports the idea that the prices of similar products in different countries should be about the same?

• A) Standard of living
• B) Real growth rate
• C) Purchasing power parity
• D) Trade deficit
• E) Balance of trade

---

Definitions:

Small Business Administration

A U.S. government agency designed to support and assist small businesses through funding, training, and advisory services.

Number of Employees

The number of employees refers to the total count of individuals working for an organization, which can indicate the size and scope of the business.

Small Business Administration (SBA)

A U.S. government agency that provides support to entrepreneurs and small businesses through loans, loan guarantees, counseling, and other assistance programs.

Exporting Goods

The act of sending goods or services produced in one country to another country for sale or trade.