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#6059 Bangla Language & Literature General Level 33440

The theory of ``Purchasing Power Parity'' holds that

  1. A All countries price levels are equal,when measured in terms of the same currency
  2. B Both a and b
  3. C None of the above
  4. D Price levels are equal, ignoring transportation costs and official barriers to trade
Answer: A - All countries price levels are equal,when measured in terms of the same currency

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