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