Hi, please may I know what does it mean by "Base country" in the purchasing power parity? Is it the home country, or?
Thank you.
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Purchasing power parity
4y ago#1It is the currency against which the other currency is being quoted.
I do make this clear in my free lectures on purchasing power parity.
I see. Thanks a lot.
4y ago#3You are welcome.
(Are you actually watching the free lectures? :-) )
Yes. In fact, I have watched all the free lectures for the AFM. :)
4y ago#5Great :-)
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