Assignment:
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 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 the Argosy University online library resources and reliable and reputable Internet sites, do the following:
- 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 countries' 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.
Write your answer in 300 to 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.