purchasing power parityAbsolute Purchasing power parityCost of living parityDiscussion and clarification of PPPGDP adjusted to cost of living
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Purchasing power parity is a measure of the price of specific goods in different countries and is used to compare the absolute purchasing power of the countries' currencies.
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Purchasing power parity is a measure of the price of specific goods in different countries and is used to compare the absolute purchasing power of the countries' currencies.
Wikipedia
A technique used to determine the relative value of different currencies
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