8. Nigerias 2001 GNP per capita was $290, more than one and one-half times that of neighboring...
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8. Nigeria’s 2001 GNP per capita was $290, more than one and one-half times that of neighboring Niger’s $180. What other assessments of socioeconomic welfare
(other than GNP per capita in U.S. dollars at the prevailing exchange rates)
could be used in comparing Nigeria and Niger? What are the advantages and disadvantages of these alternative assessments?
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