Purchasing power parity is the notion that the ratio between domestic and foreign price levels should equal the equilibrium exchange rate between domestic and foreign currencies.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). purchasing power parity. Retrieved September 30, 2026, from http://smartdefine.org/purchasing_power_parity/definitions/1161522 |
| Chicago | Barry Goldsmith. 2010. "purchasing power parity" http://smartdefine.org/purchasing_power_parity/definitions/1161522 (accessed September 30, 2026). |
| Harvard | Barry Goldsmith 2010, purchasing power parity, Smart Define, viewed 30 September, 2026, <http://smartdefine.org/purchasing_power_parity/definitions/1161522>. |
| MLA | Barry Goldsmith. "purchasing power parity" 21 October 2010. Web. 30 September 2026. <http://smartdefine.org/purchasing_power_parity/definitions/1161522> |