Author Question: The best way to understand the level of development in a given country is to look at its raw Gross ... (Read 51 times)

jlmhmf · **on:** Sep 4, 2018

The best way to understand the level of development in a given country is to look at its raw Gross Domestic Product rather than GDP Purchasing Power Parity.

Indicate whether this statement is true or false.

Question 2

The phenomenal growth of developing nations has led to the conclusion that the three Rs the currencies of China, India, and Brazilwill soon replace the dollar as the world's reserve currency.

Indicate whether this statement is true or false.