Purchasing power parity

Countries by GDP (PPP) per capita by 2014 International Monetary Fund.

Big Mac hamburgers, like this one from Japan, are similar worldwide.

Theories that invoke purchasing power parity assume that in some circumstances (for example, as a long-run tendency) it would cost exactly the same number of, for example, US dollars to buy euros and then to use the proceeds to buy a market basket of goods as it would cost to use those dollars directly in purchasing the market basket of goods.

单词	Absolute Purchasing power parity
释义	Absolute Purchasing power parity 英语百科 Purchasing power parity Theories that invoke purchasing power parity assume that in some circumstances (for example, as a long-run tendency) it would cost exactly the same number of, for example, US dollars to buy euros and then to use the proceeds to buy a market basket of goods as it would cost to use those dollars directly in purchasing the market basket of goods.
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Absolute Purchasing power parity

Purchasing power parity