Explain the reasons why prices are not matched.

Using Michael R. Pakko & Patricia S. Pollard, 2003. “Burgernomics: a big MacT guide to purchasing power parity,” Review, Federal Reserve Bank of St. Louis, vol. 85(Nov), pages 9-28., indicate the differences in prices of two US products or services regarding their prices in Canada. Explain the reasons why prices are not matched.

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