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Abhijit Beura-11002 Adil Lakhani-11003: Presented by
Abhijit Beura-11002 Adil Lakhani-11003: Presented by
Abhijit Beura-11002 Adil Lakhani-11003: Presented by
v) Population :2010 estimate1,338,612,968(1st)
vi) GDP : 2009 estimate - Total $9.712 trillion.
vii) Currency Real : Chinese yuan (¥) (CNY)
FEW BASIC TERMS:-
GDP: The gross domestic product (GDP) or gross
domestic income (GDI) is a measure of a country's overall
economic output. It is the market value of all final goods
and services made within the borders of a country in a
year.
GDP = C + G + I + NX
COMPARISON OF GDP
EXCHANGE RATE: In finance, the exchange rates (also known as
the foreign-exchange rate, forex rate or FX rate) between
two currencies specifies how much one currency is worth in terms of
the other. It is the value of a foreign nation’s currency in terms of the
home nation’s currency.
In other words the Exchange Rate can be defined as The price of one
country's currency expressed in another country's currency. In other
words, the rate at which one currency can be exchanged for another.