Business, 03.05.2020 14:13, masie03

Suppose the Chinese yuan is pegged so that the exchange rate is 0.17 dollars per yuan. If an iPod costs $200 in the United States, how much would the same iPod cost in China if purchasing power parity holds?

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Suppose the Chinese yuan is pegged so that the exchange rate is 0.17 dollars per yuan. If an iPod co...