Comparison of GDPs does not give a clear picture of the relative development of countries. Which of the following is not an explanation for this? Options: A . &nbspThe purchasing power of the same unit of currency may vary from country to country. B . &nbspAll high-income countries need not be developed countries. C . &nbspCentral bank's intervention in fixing the exchange rate may distort the true value of a currency. D . &nbspFinancial sector is not fully developed in many developing countries.

Comparison of GDPs does not give a clear picture of the relative development of

Question

Comparison of GDPs does not give a clear picture of the relative development of countries. Which of the following is not an explanation for this?

Options:

A . The purchasing power of the same unit of currency may vary from country to country.

B . All high-income countries need not be developed countries.

C . Central bank's intervention in fixing the exchange rate may distort the true value of a currency.

D . Financial sector is not fully developed in many developing countries.

Answer: Option D
:
D
Option: (d)

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