Gross Domestic Product and Purchasing Power Parity

Document Type:Essay

Subject Area:Business

Document 1

This provides for how the development initiative of a country. Since GDP is measured in their respective countries currencies, it is essential to create a common currency that will inform the best method of analyzing the Gross Domestic Product of its economy. The list below provides the GDP of some five countries 1. Canada-1826. China-9469. This is because the populations and the general people of any country are who determines the GDP growth. The population provides a market for the products that the company produces and also provides the much-needed labor fierce that will propel the economy of the country forward with ease. The positive economic growth is the prime cause of development initiative that is aimed at bettering the GDP of any given country (Gillespie, 2014).

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