Ross 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 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.
Select five countries and list their GDPs and their PPPs. Use the same year for the data for each country.
Compare and contrast the relationships between the chosen countriesa GDPs and their PPPs.
What does the data indicate about business decisions related to GBATT targeting customers in each of those countries?
Support your positions with scholarly sources.
Note: I will attach to you that table which has all the information about the five countries.