8
QuizMultiple Choice

Globalization — Quiz

Question 8 • Economics

Purchasing power parity is used to compare the gross domestic product between

Answer
A
countries' currencies.
B
stock markets.
C
consumers.
D
businesses.

Explanation

Purchasing power parity adjusts for differences in prices between countries so their GDP can be compared on a more equal basis. It does this by accounting for what each country’s currency can buy, so the correct choice is countries’ currencies.

AI-written and checked against the verified answer.

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