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The Idea That with Frictionless Trade All Goods Traded Internationally

question 52

Multiple Choice

The idea that with frictionless trade all goods traded internationally will have the same equilibrium price no matter which currency they are priced in is known as:


Definitions:

Ipconfig

A command used from a command prompt in Windows to view the current IP configuration settings.

Static IP

A Static IP address is a permanent internet protocol address assigned to a computing device, allowing it to be consistently identified on a network.

UTP Cabling

Unshielded Twisted Pair, a type of cable utilized for telecommunications and networking that consists of pairs of wires twisted together to reduce electromagnetic interference.

Mb/s Throughput

Megabits per second throughput, a measurement of data transfer rate over a network.

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