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Commerce · Q549

Business Environment and International Business

Graduate and Post Graduate · Commerce · question 549

Q549

Which of the following is/are the assumptions of the Law of One Price? (i) Restriction on the movement of goods between countries (ii) No transportation costs (iii) No tariffs

A.
Both (i) and (ii)
B.
Only (i)
C.
Both (ii) and (iii)
Answer
D.
(i), (ii) and (iii)

Answer: Option C

Solution

Answer: Option C
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