LOP in Economics Meaning
The LOP meaning in Economics terms is "Law of One Price". There are 1 related meanings of the LOP Economics abbreviation.
LOP on Economics Full Forms
- 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)
What does LOP stand for Economics?
LOP stands for Law of One Price in Economics terms.
What is the shortened form of Law of One Price in Economics?
The short form of "Law of One Price" is LOP for Economics.
Citation
LOP in Economics. Acronym24.com. (2021, October 27). Retrieved November 25, 2024 from https://acronym24.com/lop-meaning-in-economics/
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