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Definition | : | Purchasing Power Parity |
Category | : | Business » Business Terms |
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: | Worldwide
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Purchasing Power Parity (PPP) is an economic theory and a technique used to determine the relative value of different currencies. Purchasing Power Parity theory states that exchange rates between currencies are in equilibrium when their purchasing power is the same in each of the two countries. PPP compares different countries’ currencies through a market “basket of goods” approach.
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Public Private Partnership
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Pakistan Peoples Party
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Palestinian People’s Party
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People’s Power Party
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People’s Progressive Party
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The full form of PPP is Purchasing Power Parity
Point-to-Point Protocol | Purchasing Power Parity | Public Private Partnership | PowerPoint Presentation