The basic theory of the purchasing power at par refers to the rate of one country＇s currency to U.S. dollar while purchasing ＂a basket＂ goods and services in the same quantity and quality respectively in this count...The basic theory of the purchasing power at par refers to the rate of one country＇s currency to U.S. dollar while purchasing ＂a basket＂ goods and services in the same quantity and quality respectively in this country and U.S.A. This paper gives out calculation method of purchasing power conversion coefficient at par and how to calculate the non-base year purchasing power at par.展开更多
文摘The basic theory of the purchasing power at par refers to the rate of one country＇s currency to U.S. dollar while purchasing ＂a basket＂ goods and services in the same quantity and quality respectively in this country and U.S.A. This paper gives out calculation method of purchasing power conversion coefficient at par and how to calculate the non-base year purchasing power at par.
