Birdwatch Note Rating
2023-07-21 12:58:47 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 7DED009806869F1627E46E2125EA58E1D2596899D2416E3F4E5E42CC7527935D
Participant Details
Original Note:
Nominal GDP distorts the actual gross domestic product of developing countries,once they have weaker and volatile currencies, prejudicing their overall GDP The best source to GDP is GDP by power purchase parity (this one considers the country living cost and fixes distortions) https://www.imf.org/en/Publications/fandd/issues/Series/Back-to-Basics/Purchasing-Power-Parity-PPP#:~:text=Advantages%20of%20PPP%3A%20A%20main,in%20individual%20countries%20are%20stable.
All Note Details