英语词汇“parallel market”的英英意思、用法、释义、翻译、读音、例句、短语、词组-英语词典

parallel market

noun

An unofficial market in goods or currencies, especially in a country with a controlled economy.Just as price controls on sugar, say, drive the sale of sugar underground or to the informal sector, so price controls on forex have driven it to the streets - the parallel market and the black market....

You see goods and services are priced at the parallel market rate (black market) which is usually about double the official rate.
The spread between the legal exchange rate and that prevailing in the informal street market produces strong incentives for the diversion of a variety of current-account receipts from legal channels to the parallel market.

单词	parallel market
释义	parallel market noun An unofficial market in goods or currencies, especially in a country with a controlled economy.Just as price controls on sugar, say, drive the sale of sugar underground or to the informal sector, so price controls on forex have driven it to the streets - the parallel market and the black market.... You see goods and services are priced at the parallel market rate (black market) which is usually about double the official rate. The spread between the legal exchange rate and that prevailing in the informal street market produces strong incentives for the diversion of a variety of current-account receipts from legal channels to the parallel market.
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