LO3-4 Chap4
LO3-4 Chap4
LO3-4 Chap4
AND
THEIR RELEVANCE FOR
INTERNATIONAL BUSINESS
Presented by Group 5
Overview
LO3: Describe the economics and socioeconomic dimensions
and indicators used to assess them
LO4: Discuss the importance of a Nation's consumption
patterns and the significance of purchasing power parity
Our team
Nguyễ n Thị Phương Thảo Trầ n Nguyệt Hằ ng
Trầ n Thị Cẩm Hà Lê Thị Huyề n
Dương Thu Hà
DIMENSIONS OF
ECONOMY
01 Gross National Income
02 GNI/capita
03 Underground Economy
04 Currency Conversion
06 Income Distribution
07 Private Consumption
Group5
ECONOMIC
DIMENSIONS
1.Gross National Income
The higher the level of taxation and the more oppressive the
3
government red tape, the bigger the underground will be.
=> Thailand’s GNI/ capita is 93,624/ In Thailand, 1,235 baht buys what
37.6 = $2,490 $107.85 buys in US
=> 1,235 baht/ $107.85 = 11.45 baht/ $1
=>Thailand’s GNI/ capita is 93,624/
11.45 = $8,177
Comparisons based on PPP result in GNI/capita value are considerably
higher than those regularly given for developing nations and lower for
many developed nations.
5. The Atlas Conversion Factor
Changes in income
Incomes
rankings
Thank you
very much!