Purchasing power parity refers to the exchange rate between countries. The purchasing power exchange rate between two countries is the rate at which a person can purchase the same basket (group) of goods and services in each country for the same amount of money. It is normally considered to be the value of the exchange rate to which market forces will cause the actual exchange rate to move towards over time.
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the 2010 – 2018
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the 2010 – 2018
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