Examlex
Since the Eskimo language has many words for snow, the strongest form of the Whorfian hypothesis maintains Europeans could not understand snow as the Eskimo do. How could Europeans gain an appreciation for snow somewhat akin to the Eskimo and what would the Whorfian hypothesis have to say that?
Internationally Traded Goods
Products and services that are sold and bought across national borders, subject to international trade regulations and agreements.
Purchasing Power Parity
An economic theory that compares different countries' currencies through a "basket of goods" approach to determine their relative value.
Exchange Rate
The exchange value of one currency against another.
Identical Basket
A concept used in economics to compare the cost of a specific set of goods and services across different geographical locations or time periods.
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