If an identical product can be sold in two different markets, and no restrictions exist on the sale or transportation of product between markets, the product's price should be the same in both markets. This is known as: A. equilibrium. B. interest rate parity. C. the law of one price. D. relative purchasing power parity.
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Home » Business » If an identical product can be sold in two different markets, and no restrictions exist on the sale or transportation of product between markets, the product's price should be the same in both markets. This is known as: A. equilibrium. B.