Social Sciences, asked by singhgauravpar8zj, 1 year ago

why is per capita income counted in dollar rather than rupees?

Answers

Answered by Normal0Student
4
The per capita income of all the countries are calculated in dollars because..
1.Dollar is an standard international currency.
2. It is the largest used currency in the world.
3. Dollar is the base currency for all export and import pricing.
4.The common currency system taking dollar as the base was devised to bring an homogeneity for studying the GDP of all countries with the same base.

Normal0Student: Exactly
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Normal0Student: Brainydon Let's just leave singhgaurav alone. It's no use talking to people who can't use their brain to think.
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