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LOOP in Economics Meaning

The LOOP meaning in Economics terms is "Law of One Price". There are 1 related meanings of the LOOP Economics abbreviation.

LOOP on Economics Full Forms

  1. Law of One Price The rule that without trade barriers and transportations costs, identical products would cost the same worldwide using the appropriate exchange rate of currency.

Frequently Asked Questions (FAQ)

  1. What does LOOP stand for Economics?

    LOOP stands for Law of One Price in Economics terms.

  2. What is the shortened form of Law of One Price in Economics?

    The short form of "Law of One Price" is LOOP for Economics.

Citation

LOOP in Economics. Acronym24.com. (2020, May 24). Retrieved November 25, 2024 from https://acronym24.com/loop-meaning-in-economics/

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