Examlex
The total demand for money will shift to the left as a result of
Law of One Price
An economic theory that suggests the price of an identical good will have the same price globally, assuming no transportation costs and no differential taxes.
Canadian Dollars
The currency of Canada, symbolized as CAD and denoted by the sign $.
Pesos
The national currency of several countries in Latin America as well as the Philippines.
Law of One Price
The law of one price posits that in efficient markets, identical goods should have only one price, accounting for transportation costs and after tax adjustments.
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