Law Of One Price (purchasing Power Parity) at Business Glossary
What is it? The principle that equivalent assets sell for the same price. The law of one price is enforced in the currency markets by financial market arbitrage.Business Dictionary Term Definition Added By: Gianna
The Law Of One Price (purchasing Power Parity) definition has been viewed 375 Time(s)!
Send To Friends!
If you'd like to send the Law Of One Price (purchasing Power Parity) definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Law Of One Price (purchasing Power Parity). If you need any more information on this term, please don't hesitate to contact us.
Other Similar Business Terms:
Business Term International Energy Agency is The IEA is an autonomous agency linked with the Organization for Economic Cooperation and Development (OECD). It is the authoritative source for energy statistics worldwide and an energy policy advisor for 26 member countries. It was founded during the oil crisis of 1973-74 and was initially focused on coordinating efforts between member countries in times of oil supply emergencies. Since then it has expanded its role to encompass climate change policies, market reform, energy technology collaboration, and outreach to the rest of the world.Business Term Foreign Investment is The purchase of assets which are abroad.
Business Term Factorage is The commission or other compensation paid to a factor.
Business Term Cargo is Merchandise hauled by transportation lines.
Business Term Independent Action is The right of a conference member to depart from the common freight rates, terms or conditions of the conference without the need for prior approval of the conference.