International comparisons
What International comparisons means in Economics A-Level, as defined for AQA.
Definition of International comparisons
Check what you remember
Read the wording for your board, then hide it and explain International comparisons in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Comparisons between countries of real material welfare and living standards, made more accurate and meaningful by using PPP.
Topics that use International comparisons
- Uses of national income data (AQA A-Level)
Related terms
- Income distribution
- Living standards
- Negative externalities
- Purchasing Power Parity
- Purchasing power parity (PPP) exchange rates
- Real GDP per capita
- Informal economy
- Market exchange rates
Using International comparisons in the exam
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