Economy, asked by nayanboravi, 1 month ago

Explain the purchasing power parity model of exchange rate determination

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Answered by kbdhanush

Answer:

I will understanding your language

Answered by krantibakoriya81

What is Purchasing Power Parity (PPP)? | IG EN Purchasing power parity (PPP) is an economic theory of exchange rate determination. It states that the price levels between two countries should be equal. This means that goods in each country will cost the same once the currencies have been exchanged.

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