Per-capita GDP converted at market exchange rates paints an accurate picture of market potential.

Question

Quizplus · Accepted Answer

Per-capita GDP converted at market exchange rates does not paint an accurate picture of market potential as it does not take into account differences in price levels and purchasing power across countries. Instead, using data like Purchasing Power Parity (PPP) adjusted GDP per capita or other adjusted measures can provide a better understanding of market potential.

Per-Capita GDP Converted at Market Exchange Rates Paints an Accurate