Which One of the Following Statements Is the MOST Accurate

question 29

Multiple Choice

Which one of the following statements is the MOST accurate?

• A) Relative price changes could not lead to PPP violations even if trade were free and costless.
• B) Relative price changes could lead to PPP violations only if trade were free and costless.
• C) Relative price changes could lead to PPP violations even if trade were free and costless.
• D) Price changes could lead to PPP violations even if trade were free and costless.
• E) Price changes could not lead to PPP violations even if trade were free and costless.

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Middle Age

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Word Association Tests

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