| 词汇 | purchasing-power-parity |
| 释义 | purchasing power parity noun[ U ] ECONOMICSukus(abbreviationPPP) a measure of how much one unit of a currency would buy in different countries, calculated by comparing the price of one or more particular products in each country. Purchasing power parity is used to judge if currency exchange rates are correct in relation to what can be bought with different currencies: The theory of purchasing power parity says that, over time, exchange rates should equalize the prices of an identical basket of goods and services in any two countries. Examples of purchasing power paritypurchasing power parity An example is a country's purchasingpowerparity. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Internationally, an income of less than $1.25 per day per head of purchasingpowerparity is defined as extreme poverty. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. At purchasingpowerparity, the economic output of 79 markets contracted by $1.4 trillion during 2009. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. At purchasingpowerparity, the economic output of 148 markets expanded by $16.9 trillion from 1990 to 2000. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. It is also the world's tenth largest economy and third largest in terms of purchasingpowerparity as of 2012. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. There should be no distortions in purchasingpowerparity for perfectly tradable goods. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Arbitrage moves different currencies toward purchasingpowerparity. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Like purchasingpowerparity, the balance of payments model focuses largely on trade-able goods and services, ignoring the increasing role of global capital flows. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. If purchasingpowerparity held exactly, then the real exchange rate would always equal one. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. These two anomalies are sometimes referred to as the "purchasingpowerparity puzzles". From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. 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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