- 11 Exercise 6 11 Which One Of The Following Would Have Wider Price Variation In A Free Trade Area Such As The European 1 (46.32 KiB) Viewed 10 times
11. Exercise 6.11 Which one of the following would have wider price variation in a free trade area such as the European Union? Prada handbags Cappuccino by the cup Grade It Now Save & Continue Continue without saving Back to Assignment Attempts Average no score out of 1/1 12. Exercise 6.12 If prices grew at a compound growth rate of 5% per annum in the United States and 0.08% per annum in Japan for the past eight years, what exchange rate represents PPP today if the two currencies, eight years ago, were in parity and exchanged at a rate of JPY 109/USD? JPY 73.3/USD JPY 207.3/USD JPY 74.2/USD JPY 209.9/USD