Purchasing power parity

This topic has 5 replies, 2 voices, and was last updated 4 years ago by John Moffat.

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April 1, 2022 at 3:44 pm #652517
Ron123
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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.
April 1, 2022 at 7:53 pm #652544
John Moffat
Keymaster
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It is the currency against which the other currency is being quoted.
I do make this clear in my free lectures on purchasing power parity.
April 2, 2022 at 3:45 am #652551
Ron123
Participant
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I see. Thanks a lot.
April 2, 2022 at 8:26 am #652556
John Moffat
Keymaster
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You are welcome.
(Are you actually watching the free lectures? 🙂 )
April 2, 2022 at 10:49 am #652559
Ron123
Participant
- Topics: 72
- Replies: 93
Yes. In fact, I have watched all the free lectures for the AFM. 🙂
April 3, 2022 at 8:45 am #652573
John Moffat
Keymaster
- Topics: 57
- Replies: 54845
Great 🙂
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