Purchasing power parity (PPP)is a well-known theory that seeks to define relationships between currencies.

Name: Purchasing power parity (PPP)is a well-known theory that seeks to define relationships between currencies.
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PPP theory asserts that exchange rates between currencies will adjust to equalize the prices of a basket of goods and services in different countries. It is a well-known concept in international economics.

Purchasing Power Parity (PPP)is a Well-Known Theory That Seeks to Define