The purpose of the United Nations International Comparison Project (ICP) is to compare the purchasing power of currencies and the real gross domestic product (GDP) per capita of different countries. It is well known that the usual method of converting the GDPs of different countries to a common currency, usually U.S. dollars, at existing exchange rates is misleading because exchange rates do not necessarily reflect the purchasing power of currencies...
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1978/01/01
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Publicação
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11907
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1
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1
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2012/01/23
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Disclosed
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International comparisons of real product and purchasing power
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principles of political economy
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