Question: Select the correct phrases or words to complete each sentence. 1. If countries produce identical products, their prices should be the same globally. This is

Select the correct phrases or words to complete each sentence. 1. If countries produce identical products, their prices should be the same globally. This is based on 2. is based on the law of one price. 3. The connects inftation with exchange rates. 4. The states that the exchange rate between countries changes to accommodate differences in inflation rates between these countries. 5. Investing in a financial instrument other than one's home currency and locking in the proceeds through the forward rate is referred to as

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