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Question If Café Latte is priced at $3.24 in the US and the spot exchange rate is 0.7640 USD/CAD according to the Law of One Price (LOP), the price of that Café Latte in Canada will be: Question 1 options: C$3.24 C$4.24 C$2.48

/in /by

Question

If Café Latte is priced at $3.24 in the US and the spot exchange rate is 0.7640 USD/CAD according to the Law of

One Price (LOP), the price of that Café Latte in Canada will be:

Question 1 options:

C$3.24

C$4.24

C$2.48

 
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