O-LevelEconomicsInternational trade and globalisation2281/11 · May/June 2013 · Q401 Mark
The table gives the retail price of a product in four countries in 2012. [Table 40.1] What is needed to make a clear comparison of the price in the four countries?
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Adirect tax rates
Bexchange rates
Cimport tariff rates
Dtransport costs
✓ Correct answer
B: exchange rates
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