Question: 1) Why are purchasing power parity numbers more meaningful than nominal numbers when comparing GDP's of different countries and GDP of people living in different
1) Why are purchasing power parity numbers more meaningful than nominal numbers when comparing GDP's of different countries and GDP of people living in different countries?
2) Why are foreign business activities more complex than purely domestic ones? What must international business have to overcome above complexities?
3) Why is there opposition to global of trade and integrassion of the world's economy
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1 Nominal GDP of a country provides the total value of goods and services produced in the economy du... View full answer
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