Outsourcing and Real exchange rate: Difference between pages

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The practice of having an outside entity perform all or part of a business operation which was previously handled in-house.
The value of a currency in terms of real purchasing power.
 
 
It is calculated by comparing the price of a hypothetical market basket of goods in two different countries, translated into the same currency at the prevailing exchange rate. 
 
It is useful in measuring the price competitiveness of domestic goods in international markets.




== See also ==
== See also ==
* [[Shared Service Centre]]
* [[Currency]]
* [[Exchange rate]]
* [[Real]]


[[Category:Treasury_operations_infrastructure]]
[[Category:Manage_risks]]

Latest revision as of 23:46, 11 March 2023

The value of a currency in terms of real purchasing power.


It is calculated by comparing the price of a hypothetical market basket of goods in two different countries, translated into the same currency at the prevailing exchange rate.

It is useful in measuring the price competitiveness of domestic goods in international markets.


See also