If a Big Mac hamburger sells for the same dollar value in New York as in London then ?

Related Mcqs:

In the presences of purchasing power parity, if one-dollar exchanges for 2 British pounds and if a DVD player costs $400 in the United States then in Britain the DVD player should cost ?

A. 200 pounds B. 400 pounds C. 600 pounds D. 800 pounds...

A primary reason that explains the appreciation in the value of U.S dollar would be ?

A. large trade surpluses for the United States B. high inflation rates in the United States C. lack of investor confidence in U.S money policy D. high interest rates in the United States...

Consulting firms that use large-scale econometric models to forecast exchange rate movements are engaging in ?

A. judgmental analysis B. fundamental analysis C. technical analysis D. nontechnical analysis...

The assets market approach is most helpful in explaining ?

A. why exchange rates remain quite stable B. why governments change their money supplies C. long term exchange rate movements D. short term exchange rate movements...

Assume identical interest rates on comparable securities in the United States and foreign countries. Suppose investors anticipate that in the future the U.S dollar will depreciate against foreign currencies. investment funds would tend to ?

A. flow from the United States to foreign countries B. flow from foreign countries to the United States C. remain totally in foreign countries D. remain totally in the United States...