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词汇 law-of-one-price
释义 law of one price
noun[ S ]
ukus
ECONOMICS
the principle that in a perfect financial market goods would have the same price everywhere:
Mobile phones reduced price differences across fish markets by almost 60% in four years, an almost-perfect example of the "law of one price."

Examples of law of one price


law of one price
Transport costs sever the link between exchange rates and the prices of goods implied by the lawofoneprice.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
When a commodity is for sale at multiple locations, the lawofoneprice is generally believed to hold.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
Price dispersion can be viewed as a measure of trading frictions (or, tautologically, as a violation of the lawofoneprice).
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
After all, this is by definition a violation of the lawofoneprice.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
Although there is a small spread between these two values the lawofoneprice applies (to each).
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
The unexpressed assumption that is the basis for the addition is the lawofoneprice.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
This is due to the economic lawofoneprice which states that if trade were free, then identical goods should sell for about the same price throughout the world.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
The lawofoneprice or purchasing-power parity is an economic theory that has been thoroughly investigated over the years.
As the lawofoneprice states, in one market there is one price.
This small open economy is linked with the rest of the world through the lawofoneprice.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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