parity of prices

简明释义

价格对比

英英释义

The condition in which prices of goods and services are equal or comparable across different markets or regions.

商品和服务在不同市场或地区的价格相等或可比的状态。

例句

1.Investors often look for parity of prices when comparing similar assets in different locations.

投资者在比较不同地点的类似资产时,通常会寻找价格平价

2.In a free market, competition helps maintain parity of prices among similar products.

在自由市场中,竞争有助于维持类似产品之间的价格平价

3.The economic model predicts a parity of prices in the long run, ensuring that goods will cost the same across different markets.

经济模型预测长期内会出现价格平价,确保商品在不同市场的价格相同。

4.To achieve a parity of prices between domestic and international products, tariffs may need to be adjusted.

为了实现国内和国际产品之间的价格平价,可能需要调整关税。

5.The government aims to establish a parity of prices for essential goods to prevent inflation.

政府旨在建立基本商品的价格平价以防止通货膨胀。

作文

In the world of economics, the term parity of prices refers to the condition where prices for the same goods or services are equal across different markets or locations. This concept is crucial for understanding how markets operate and how consumers make choices based on price variations. When there is parity of prices, it indicates a level of efficiency in the market, where arbitrage opportunities are minimal, and consumers can expect fair pricing regardless of where they shop. The idea of parity of prices is often associated with the law of one price, which states that in an efficient market, identical goods should sell for the same price when expressed in a common currency. This principle helps to maintain a balance in international trade, as it encourages competition and prevents price manipulation. For instance, if a product is significantly cheaper in one country compared to another, it may lead to increased demand in the cheaper market, prompting suppliers to adjust their prices to achieve parity of prices.However, achieving parity of prices is not always straightforward. Various factors can influence price discrepancies, including transportation costs, tariffs, taxes, and differences in consumer preferences. For example, a brand of sneakers may be priced higher in a country with high import duties, while the same sneakers could be available at a lower price in a neighboring country with fewer trade restrictions. Such differences highlight the challenges in attaining parity of prices in a globalized economy.Moreover, parity of prices plays a significant role in currency exchange rates. When currencies fluctuate, the relative prices of goods and services in different countries can change, affecting the purchasing power of consumers. If one currency depreciates, the cost of imported goods may rise, leading to a situation where parity of prices is disrupted. This can result in inflationary pressures in the domestic market, as consumers face higher prices for foreign products.In addition to economic implications, parity of prices also has social consequences. When prices are not aligned, it can lead to inequalities among consumers. For example, if essential goods like food and medicine are significantly more expensive in one region, it can create disparities in access to these necessities. Therefore, governments and policymakers often strive to promote parity of prices through regulations and subsidies to ensure that all citizens can afford basic needs.In conclusion, parity of prices is a fundamental concept in economics that reflects the efficiency of markets and the fairness of pricing. While various factors can complicate its achievement, understanding this principle is essential for both consumers and policymakers. By promoting parity of prices, we can work towards a more equitable economic environment where everyone has access to goods and services at reasonable prices.

在经济学中,术语parity of prices指的是不同市场或地点的商品或服务价格相等的状态。这个概念对于理解市场运作以及消费者如何根据价格变化做出选择至关重要。当存在parity of prices时,表明市场效率水平较高,套利机会极少,消费者可以期望无论在哪里购物都能获得公平的价格。parity of prices的理念通常与一价法则相关,即在一个有效市场中,相同的商品在以共同货币表示时应以相同的价格出售。这个原则有助于维持国际贸易的平衡,因为它鼓励竞争并防止价格操纵。例如,如果某一产品在一个国家的价格显著低于另一个国家,这可能会导致在便宜市场的需求增加,促使供应商调整价格以实现parity of prices。然而,实现parity of prices并非总是简单的。各种因素可能影响价格差异,包括运输成本、关税、税收和消费者偏好的差异。例如,一双运动鞋在高进口关税的国家价格较高,而在邻国则可能以更低的价格出售。这些差异突显了在全球化经济中实现parity of prices的挑战。此外,parity of prices在货币汇率中也扮演着重要角色。当货币波动时,不同国家商品和服务的相对价格可能会发生变化,从而影响消费者的购买力。如果一种货币贬值,进口商品的成本可能会上升,导致parity of prices被破坏。这可能在国内市场造成通货膨胀压力,因为消费者面临外国商品的更高价格。除了经济影响外,parity of prices还具有社会后果。当价格不一致时,可能导致消费者之间的不平等。例如,如果食品和药品等基本商品在某个地区的价格显著更高,这可能会造成获取这些必需品的差距。因此,政府和政策制定者通常努力通过法规和补贴来促进parity of prices,以确保所有公民都能负担得起基本生活需求。总之,parity of prices是经济学中的一个基本概念,反映了市场的效率和定价的公平性。虽然各种因素可能使其实现变得复杂,但理解这一原则对消费者和政策制定者都至关重要。通过促进parity of prices,我们可以朝着一个更公平的经济环境迈进,使每个人都能以合理的价格获取商品和服务。