Banerjee spoke about price parity, the hotel-OTA relationship and other issues. Excerpts.

Banerjee谈到了价格一体化、酒店与OTA的关系及其它议题。

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Freed from the need to uphold a gold-price parity, these countries could lower interest rates and so stimulate spending.

由于汇率不必由黄金平价决定，前者可以通过降低利率来刺激消费。

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The index is based on the idea of purchasing-power parity (PPP), which says currencies should trade at the rate that makes the price of goods the same in each country.

指数在购买力平价（PPP）这一概念基础上产生，购买力平价是指货币应以使商品价格在各个国家保持一致的汇率兑换。

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Its move that could help establish price parity between big box retailers and Amazon.com.

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Price parity is net of transportation costs and of import taxes both.

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And absent a price on carbon, biomass-based chemicals and fuels need to be less expensive than existing products, not at price parity.

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