What does IPP mean in Unclassified?
This page is about the meanings of the acronym/abbreviation/shorthand IPP in the Miscellaneous field in general and in the Unclassified terminology in particular.
Import Parity Price
Submitted by S4Bot on March 20, 2021
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Definition
What does IPP mean?
- Import parity price
- Import parity price or IPP is defined as, “The price that a purchaser pays or can expect to pay for imported goods; thus the c.i.f. import price plus tariff plus transport cost to the purchaser's location. This and the export parity price together define a range of the possible equilibrium prices for equivalent domestically produced goods”.A simpler definition is used by the UN World Food Program: “The import parity price (IPP) is the price at the border of a good that is imported, which includes international transport costs and tariffs”.The USAID Market and Trade Glossary definition is: "Import parity price (IPP) – is the monetary value of a unit of product bought from a foreign country, valued at a geographic location of interest in the importing country".
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"IPP." Abbreviations.com. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.abbreviations.com/term/2295953>.
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