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Henry and Brian sat staring at the economic data for Nigeria. Their company was interested in doing business in that country but there was concern
Henry and Brian sat staring at the economic data for Nigeria. Their company was interested in doing business in that country but there was concern that the per capita income figures reported by the government did not reflect the country's true purchasing power. As a result of this concern Brian and Henry decided to consider the purchasing power parity (PPP). Why would Nigeria's per capita income figure not truly reflect purchasing power? Question 55 options: Exchange rate distortion relative to the US dollar High copper prices Formation of the euro-zone Emergence of the carry trade Rapid rural-urban migration
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