Meaning Absolute Purchasing Power Parity
What does Absolute Purchasing Power Parity mean? Here you find 2 meanings of the word Absolute Purchasing Power Parity. You can also add a definition of Absolute Purchasing Power Parity yourself

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Absolute Purchasing Power Parity


See purchasing power parity.
Source: www-personal.umich.edu

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Absolute Purchasing Power Parity


A theory stating that the exchange rate equalizes the price of a market basket of goods in the two countries. Since the composition of market baskets and price indexes varies substantially across coun [..]
Source: pages.stern.nyu.edu




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