Assume that a mazda 2 sells for 16000 australian dollars in, Ask an Expert

Economics

Assume that a Mazda 2 sells for 16,000 Australian dollars in Australia and 10,000 Canadian dollars in Canada If purchasing-power parity holds, what is the Canadian dollar/Australian dollar exchange rate? How many Australian dollars will a Canadian dollar buy?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9509777

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