Assume that a Ford truck sells for $30,000 in the United States and that the exchange rate is $1 = 1.2 euros. For purchasing power parity to hold, the same car in Germany should sell for
A) 36,000 euros. B) 32,000 euros. C) 25,000 euros. D) 2,500 euros.
A
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Fill in the blank(s) with correct word