HomeDefinitionsCompareDebt Relative form of purchasing power parityThe financial definition for Relative form of purchasing power parity:Theory that the rate of change in the prices of products should be somewhat similar, but not absolutely the same when measured in a common currency, as long as transportation costs and trade barriers are unchanged. Similar MatchesAbsolute form of purchasing power parityAbsolute form of purchasing power parityA theory that prices of products of two different countries should be equal when measured by a common currency. Also called the "law of one price." Purchasing powerPurchasing powerThe amount of credit available for credit trading in a credit, after taking credit into consideration. Purchasing power of the dollarPurchasing power of the dollarThe amount of goods and services that can be exchanged for a dollar as compared with amount of a previous time period. Further SuggestionsPurchasing power parityPurchasing power risk Click to compare definitions of Relative form of purchasing power parity Click to view definitions beginning re |