Purchasing Power Parities (Ppps) For Capital Goods

  Address - Luxembourg

  Contact details - 565656565

  Tender notice no. - 76454545

  GT Ref Id - 97539720

  Document Type - Tender Notices

Description - Description: Purchasing Power Parities (PPPs) are indicators of price level differences across countries. PPPstell us how many currency units a given quantity of goods and services costs in different countries. PPPs can thus be used as currency conve rsion rates to convert expenditures expressed in national currencies into an artificial common currency (the Purchasing Power Standard, PPS), eliminating the effect of price level differences across countries. The main use of PPPs is to convert national accounts aggregates, like the Gross Domestic Product (GDP) of different countries, into comparable volume aggregates. Applying nominal exchange rates in this process would overestimate the GDP of

Gt Ref Id - 97539720

Deadline - Nov 30, -0001