PPP

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Definition : Purchasing Power Parity
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What does PPP mean?

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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Frequently Asked Questions (FAQ)

What is the full form of PPP in Business Economics?

The full form of PPP is Purchasing Power Parity

What is the full form of PPP in Business?

Purchasing Power Parity

What are the full forms of PPP in Worldwide?

Point-to-Point Protocol | Purchasing Power Parity | Public Private Partnership | PowerPoint Presentation

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