law of one price

 

 

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law of one price

 

Glossary of money, banking and financial markets

 

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Economics

 

Definition of law of one price

 

law of one price: The principle that if two countries produce an identical good, the price of this good should be the same throughout the world no matter which country produces it.

 

Source : http://college.vatc.edu.vn/attachments/article/152/Glossary%20-%20MONEY,%20BANKING,%20&%20FINANCIAL%20MARKETS.doc

link: http://college.vatc.edu.vn/

Author : not indicated on the source document of the above text

 

Glossary of money, banking and financial markets

 

Economics money banking and financial market glossary index of terms

 

 

Definition and meaning of law of one price

 

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