PPP

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PPP

Purchasing Power Parity

The theory stating that, in an efficient market, the exchange rate of two currencies results in equal purchasing power. That is, if one pound is worth two dollars, one pound in England should buy the same amount in goods and services that two dollars can buy in the United States. Fixed exchange rates, taxes, and other inefficiencies are thought to disrupt purchasing power parity. Some theorists believe the idea holds most true when comparing countries or regions with similar standards of living.
References in periodicals archive ?
By using industry-standard Multilink PPP, Netopia's approach supports carriers' goal of greater network scalability.
We at Redback believe that DSL Bonding over Multilink PPP will provide a tremendous opportunity for our service provider customers to expand their service footprint," said Larry Blair, vice president of marketing at Redback Networks.
1, which implements DSL Bonding over Multilink PPP on Netopia IDSL routers, also enables Netopia routers to support filtering on their LAN interface.
The IDC March 1999 Study on Inverse Multiplexing shows that Multilink PPP and Multilink Frame Relay will grow at a cumulative annual growth rate of 144 percent over the next five years.
The initial release of the DL5400 features standards-based Multilink PPP, direct Ethernet connections for LAN-to-WAN data transfer, and Web-based management, and is directly interoperable with Cisco's 7500 router running MLPPP.