Q. That identical godos should cost the same in all nations, assuming tis costless to ship godos between nations and there are no barriers to trade, is a reflection of the: (Solved)

1. Monetary approach to exchange-rate determination

2. Law of one price

3. Fundamentalist approach to exchange-ratedetermination

4. Exchange-rate-overshooting principle

  • b. Law of one price
Subscribe Now

Get All Updates & News