AMA Exam PCM Topic 4 Question 46 Discussion

Actual exam question for AMA's PCM exam

Question #: 46
Topic #: 4

_____ is a theory that states that if the exchange rates of two countries are in equilibrium, a product purchased in one will cost the same in the other, if expressed in the same currency.

ASubsistence theory

BSamuelson effect theory

CPurchasing power parity theory

DPenn effect theory

ETrade parity theory

Show Suggested Answer

Suggested Answer: C

by Bernardine at May 03, 2022, 04:00 PM

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