O-LevelEconomicsInternational trade and globalisation2281/12 · May/June 2025 · Q291 Mark
The table shows the retail price at which the same book can be bought in four countries. What additional information is required to make a meaningful comparison of the price of the book between the countries?
Adirect tax rates
Bexchange rates
Cinflation rates
Dlevel of import tariffs
✓ Correct answer
B: exchange rates
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