Question: Question 16 Please use the data below, to answer the following question. BigMac price in the US BigMac price in Mexico. Current Exchange Rate USD
Question 16 Please use the data below, to answer the following question. BigMac price in the US BigMac price in Mexico. Current Exchange Rate USD 3.50 O exports to Mexico O Imports from Mexico MXN 80 1 USD - MXN 20 Based on absolute PPP violations present in the above data, it would be beneficial for a US company that: 10 pts
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