International Financial Management PPP理论研究——购买力评价初析

Introduction: Nowadays in this modern world, we should believe that economic development is affecting our lives. Economic communication and cooperation have already across the ethnic origin, skin tone and nationality. In this environment, trade exchange between different countries become even more ordinary, and the value of the currencies are seemed especially important. Therefore, we should now understand a phrase called PPP, which the full name is Purchasing Power Parity. It is a theory to research and compare the purchasing power relationship between the different Currencies.