Examlex
LaRay Barna writes that:
Foreign Assets
Assets such as stocks, bonds, real estate, or businesses that are located in countries outside the investor's home country.
Foreign Price Level
A measure of the average prices of goods and services in a country relative to those in other countries, affecting exchange rates and purchasing power.
Real Exchange Rate
The rate at which a person can exchange the currency of one country for the currency of another and obtain the same quantity of goods.
Purchasing-power Parity
An economic theory that compares different countries' currencies through a "basket of goods" approach to assess relative currency value and living standards.
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