SAGE Reference - Encyclopedia of Business in Today's World

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Purchasing Power Parity

In: Encyclopedia of Business in Today's World
Edited by: Charles Wankel
Subject:General Business & Management
Keywords:exchange rate; prices; pricing; purchase power parity; purchasing power parity

The theory of purchasing power parity (PPP) explains movements in exchange rates by changes in countries' price levels. It is derived from the “law of one price,” which says that identical goods should ...

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  Wankel, C. (2009). Purchasing power parity. In Encyclopedia of business in today's world (Vol. 1, pp. 1330-1330). SAGE Publications, Inc., https://dx.doi.org/10.4135/9781412964289.n767
  
  Wankel, Charles. "Purchasing Power Parity." In Encyclopedia of Business in Today's World, edited by Wankel, Charles, 1330-1330. Thousand Oaks, CA: SAGE Publications, Inc., 2009. https://dx.doi.org/10.4135/9781412964289.n767.
  
  Wankel, C. 2009. Purchasing Power Parity. In: Charles Wankel Editor, 2009. Encyclopedia of Business in Today's World, Thousand Oaks, CA: SAGE Publications, Inc. pp. 1330 Available at: <https://dx.doi.org/10.4135/9781412964289.n767> [Accessed 13 Aug 2022].
  
  Wankel, Charles. "Purchasing Power Parity." Encyclopedia of Business in Today's World. Edited by Vol. 1. Thousand Oaks: SAGE Publications, Inc., 2009, pp. 1330-1330. SAGE Knowledge. 13 Aug 2022, doi: https://dx.doi.org/10.4135/9781412964289.n767.
  
  Wankel, Charles (2009). Purchasing power parity In:Purchasing Power Parity Encyclopedia of business in today's world Vol. 1. Thousand Oaks, CA: SAGE Publications, Inc.; 2009:1330-1330. doi:10.4135/9781412964289.n767
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