QUESTION 2

Compare the Gross Domestic Product (GDP) of any TWO (2) countries with different currencies using purchasing power parity (PPP) exchange rate by clicking this link (https://data.un.org) - All data can be used from this website

(Hint: Can opt for any year of GDP)

You are required to calculate:

a) The GDP of both countries.

b) The GNP of both countries.

c)The GDP per capita income of both countries.

d)On the basis of the countries' GDP value, elaborate on their standards of living. Which country has a higher standard of living? Discuss your answer.