The essential difference between absolute PPP and relative PPP is that the absolute PPP looks at the spot rate based on absolute price levels, whereas the relative PPP looks at the changes in the spot rate by the relative changes in price levels/inflation rates in two countries

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The essential difference between absolute PPP and relative PPP is that the absolute PPP looks at the spot rate based on absolute price levels, whereas the relative PPP looks at the changes in the spot rate by the relative changes in price levels/inflation rates in two countries

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Darshita6.14K 0 Comments

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