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Question

Which among below is NOT a correct statement?

[A] Bretton Woods conference gave birth to two international organizations-
[B] Theory of Absolute Advantage in international trade is given by Adam Smith’
[C] Pure and perfect competition is the same market structures.
[D] Mint par theory of exchange rate determination is applicable in countries under gold standard.
Answer & Explanation

Answer: Pure and perfect competition is the same market structures.

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