| 单词 | law of one price |
| 释义 | law of one price noun[S] ukusECONOMICS theprinciplethat in aperfectfinancialmarketgoodswould have the samepriceeverywhere: Mobilephonesreducedpricedifferencesacrossfishmarketsbyalmost60% in fouryears, an almost-perfectexampleof the "lawof oneprice." Examplesoflaw of one pricelaw of one price Transport costs sever the link between exchange rates and the prices of goods implied by thelawofoneprice. 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, thelawofonepriceis 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 thelawofoneprice). 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 thelawofoneprice. 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 thelawofonepriceapplies (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 thelawofoneprice. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.This is due to the economiclawofonepricewhich 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.Thelawofonepriceor purchasing-power parity is an economic theory that has been thoroughly investigated over the years. From theCambridge English Corpus As thelawofonepricestates, in one market there is one price. From theCambridge English Corpus This small open economy is linked with the rest of the world through thelawofoneprice. From theCambridge English Corpus 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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