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 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 FOB (free on board) is a term in international commercial law specifying at what point res ...

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 (WFP) is an international organization within the United Nations that provides food assistance worldwide. It is the world's largest humanitarian organization and the leading provider of school meals. Founded in 1961, ...

: ''“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"''.Definition of IPP by USAID: see ''http://www.fews.net/docs/Publications/FEWS%20NET%20MT%20Glossary_June%202009.pdf''

Notes

{{Reflist Export and import control