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7. what is the primary purpose of converting different countries gdps t…

Question

  1. what is the primary purpose of converting different countries gdps to a common currency? to determine trade balances to establish exchange rate policies to make international trade easier to compare economic output between nations accurately

Explanation:

Brief Explanations

GDP measures a country's economic output. When in different currencies, direct comparison is difficult. Converting to a common currency allows for an accurate comparison of the economic output of different nations.

Answer:

To compare economic output between nations accurately