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Foreıgn Trade Deneme Sınavı Sorusu #1390057
Foreıgn Trade Deneme Sınavı Sorusu #1390057
What is Purchasing Power Parity (PPP) Theory is based on?
a process internationally the result will be the same. |
a principle known as “law of one price”. |
not the law of one price investigates the relationship between the prices of not only the identical goods but also the prices of all goods among countries. |
a long period of time among the markets. |
a deviation in the exchange rate. |
Yanıt Açıklaması:
Purchasing Power Parity (PPP) Theory is based on a principle known as “law of one price”. This law claims that the entirely homogeneous (identical) goods should be sold with the same price even in different markets. The correct answer is " B ".
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