I am currently working on the exercises in Conway's A Course in Functional Analysis and I think the following problem is not true.
Here $\oplus_p X_k = \{(x_1, ..., x_n) \in \oplus_{k=1}^n X_k: (\sum_{k=1}^n ||x_k||_{X_k}^p)^{1/p} < \infty\} $. Obviously if each of the $X_i$ is finite-dimensional then so is any subspace of their direct sum, and any two norms on a finite-dimensional vector space are equivalent.
However, when $n=1$, and $X_1 = C([0,1], ||.||_1)$, where $||f||_1 = \int_{0}^{1}|f(x)|dx$, then $\oplus_p X_k = (C([0,1],||.||_1)$ and it is a standard result that the infinity norm $||.||_{\infty}$ is not equivalent to $||.||_1$ on $C([0,1])$.
Am I missing something? Or is there a correct formulation of the problem (that is a generalisation of the statement for finite-dimensional spaces)?