PPP
| Definition | : | Purchasing Power Parity |
| Category | : | Business » Business Terms |
| Country/Region | : | Worldwide  |
| Popularity | : |
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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
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?
What are the full forms of PPP in Worldwide?
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