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| Q. |
Which among the following is true with regard to the PPP theory? |
| A. | greater transportation costs and trade restrictions are between countries, the less likely for the costs of market baskets to be equalized. |
| B. | costs of non tradable inputs are not taken into consideration by ppp. |
| C. | it is based on the concept of law of one price |
| D. | all the above |
| Answer» D. all the above | |
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