The purchasing power parity theory the difference in the quality of goods.

Related MCQs

• Purchasing Power Parity Theory considers that goods in different countries are _         
• According to the Purchasing Power Parity theory, the rate of exchange between the currencies of two countries is determined by_                      
• Which of the following is not an assumption of the Purchasing Power Parity theory? _                      
• According to _ theory, the exchange rate between two currencies is determined by their purchasing power.
• Who aid the following, " The esence of international trade is not the absolute difference in cost but a comparative difference in cost."
• Goods which are not used in the production of other goods are called:
• H-o Theory s based on value theory.
• Absolute difference in Cost is explained by         
• According to Adam Smith, international trade is advantageous for all participating countries only if they enjoy _ difference in cost of production
• What are consumption goods?