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ejoignez ejoignez
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8 years ago
Which of the following explains why per-capita GDP converted at market exchange rates inaccurately depicts the potential of an emerging market?
A) Products and services in emerging markets are priced significantly lower than they are in advanced economies.
B) Products manufactured in emerging markets are priced less than products that are imported outside of an economic bloc.
C) The market exchange rate does not take into consideration distribution and production costs for each nation.
D) The per-capita GDP converted using PPP exchange rates provides a precise measure of consumer buying potential.
Textbook 
International Business: Strategy, Management, and the New Realities

International Business: Strategy, Management, and the New Realities


Edition: 1st
Authors:
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JewelSmithJewelSmith
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8 years ago
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ejoignez Author
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#2
8 years ago
Thanks, JewelSmith
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#3
8 years ago
Very cool, next time you need something, you know who to look for
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