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Investing Glossary:
Relative form of purchasing power parity
Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
| Relative form of purchasing power parity
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| Definition: |
| 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.
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