hrm..but your example of Mcdonalds isnt great. surely the prices in USA and Canada need not be the same because there is very little possibility of arbitrage oppurtunity. That is..you can't buy from canada and then sell in USA..i think Law of One price only applies to tradeable goods.
but great principles and teaching. keep it up! many thanks
thank you so much! I wish my uni professors could explain as clearly as you do! Thanks again, this was really useful
strumphyy 2 months ago
Americans love their Burgers, don't they
sigrino 10 months ago
hrm..but your example of Mcdonalds isnt great. surely the prices in USA and Canada need not be the same because there is very little possibility of arbitrage oppurtunity. That is..you can't buy from canada and then sell in USA..i think Law of One price only applies to tradeable goods.
but great principles and teaching. keep it up! many thanks
aortablue 10 months ago
you r teaching sensation!!!!!!!!!!!!!
MrJinujose 1 year ago
u r xcellent at explaining
neidreanable 1 year ago
u r greatttttttttttttttttttttttttttttttttttttttttttttt
neidreanable 1 year ago
well explained!
hhaassaann134 1 year ago