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On November 1, 2015, a particular book about fantastic beasts (and where to find them) was being sold by Amazon.com for $107.60. At the same time, this book could be purchase dat the Amazon.uk website for the sterling equivalent of $43.92. (As a note, this is exactly the same book being sold in both markets.) Explain in detail what is going on in this market

Macroeconomics, Economics

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