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in 5 lines or less, what difficulties would these Big Mac prices cause for McDonalds franchiser either side of the US/Can border?

in 5 lines or less, what difficulties would these Big Mac prices cause for McDonalds franchiser either side of the US/Can border?

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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in 5 lines or less, what difficulties would these Big Mac prices cause for McDonalds franchiser either side of the US/Can border? The Economist magazine gives this information on the PPP rates implied from their BigMac Index. Local Price of one Big Mac Implied Exchange Rate/US$ 500.00 Yen/Bmac Ċ 100.00 Yen/US$ 5.00 C$/Bmac 1.00 C$/US$ 5.00 US$/Bmac
Transcribed Image Text:in 5 lines or less, what difficulties would these Big Mac prices cause for McDonalds franchiser either side of the US/Can border? The Economist magazine gives this information on the PPP rates implied from their BigMac Index. Local Price of one Big Mac Implied Exchange Rate/US$ 500.00 Yen/Bmac Ċ 100.00 Yen/US$ 5.00 C$/Bmac 1.00 C$/US$ 5.00 US$/Bmac
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