| 单词 | purchasing power parity |
| 释义 | purchasing power parity noun[U] ECONOMICSukus(abbreviationPPP)ameasureof how much oneunitof acurrencywouldbuyin differentcountries,calculatedbycomparingthepriceof one or moreparticularproductsin eachcountry. Purchasingpowerparityis used tojudgeifcurrencyexchangeratesarecorrectinrelationto what can beboughtwith differentcurrencies: Thetheoryofpurchasingpowerparitysays that, overtime,exchangeratesshouldequalizethepricesof anidenticalbasketofgoodsandservicesin any twocountries. Examplesofpurchasing power paritypurchasing power parity An example is a country'spurchasingpowerparity. 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 ofpurchasingpowerparityis defined as extreme poverty. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Atpurchasingpowerparity, 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.Atpurchasingpowerparity, 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 ofpurchasingpowerparityas of 2012. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.There should be no distortions inpurchasingpowerparityfor perfectly tradable goods. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Arbitrage moves different currencies towardpurchasingpowerparity. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Likepurchasingpowerparity, 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.Ifpurchasingpowerparityheld 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 "purchasingpowerparitypuzzles". 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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