Parity Pricing (other)
Parity price may refer to: * Export parity price * Import parity price See also * Doctrine of parity The doctrine of parity was used to justify agricultural price controls in the United States beginning in the 1920s. It was the belief that farming should be as profitable as it was between 1909 and 1914, an era of high food prices and farm prosperi ...

Export Parity Price
Export Parity Price or EPP is defined as, ''"The price that a producer gets or can expect to get for its product if exported, equal to the Freight on Board price minus the costs of getting the product from the farm or factory to the border. This and the import parity price together define a range of the possible equilibrium prices for an equivalent domestically produced good"''. Where a country or a region in a country has a surplus of a product that is exported, the EPP is determined by considering the Import Parity Price or International Benchmark Price of the commodity and other trade factors. The EPP applies only to the quantity that is exported and not to the quantity that is sold domestically.See World Food Security Portal – Glossary: Definition of Key Terms "''Export Parity Price''": ''http://www.foodsecurityportal.org/policy-analysis-tools/glossary-definition-key-terms'' Notes {{economics-stub Export and import control ...
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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 Programme The World Food Programme; it, Programma alimentare mondiale; es, Programa Mundial de Alimentos; ar, برنامج الأغذية العالمي, translit=barnamaj al'aghdhiat alealami; russian: Всемирная продовольствен� ...: ''“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 geograph ...
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