(Solved): Gross Domestic Product and Purchasing Power Parity


(Solved): Gross Domestic Product and Purchasing Power Parity

Assignment 1: —Gross Domestic Product and Purchasing Power Parity The CFO of GBATT is not only concerned about the exchange rates of the different currencies in the countries where Getting Better all the time (GBATT) operates, but is also concerned about the purchasing power of the target customers in the various countries. The CFO has asked you to provide a document comparing and contrasting the gross domestic product (GDP) and the purchasing power parity (PPP) of five (5) different countries. Using library resources and reliable and reputable Internet sites, do the following: 1. Select five countries and list their GDPs and their PPPs. Use the same year for the data for each country. 2. Compare and contrast the relationships between the chosen countries’ GDPs and their PPPs. 3. What does the data indicate about business decisions related to GBATT targeting customers in each of those countries? 4. Support your positions with scholarly sources. . Write your initial response in 300–500 words. Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, and punctuation Make sure your writing o is clear, concise, and organized; o demonstrates ethical scholarship in accurate representation and attribution of sources; and o displays accurate spelling, grammar, and punctuation. Grading Criteria Maximum Points Quality of initial posting, including fulfillment of assignment instructions 16 Quality of responses to classmates 12 Frequency of responses to classmates 4 Reference to supporting readings and other materials 4 Language and grammar 4 Total: 40

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