Which measurement shows the weather on average people in one country, have a higher incomes and people in another country
Gross Domestic Product (GDP) per capita would be a measurement that shows the weather on average people in one country have a higher income than people in another country.
Which of the following is evidence that some African countries are trying to reduce trade barriers
The African Continental Free Trade Area (AfCFTA) is evidence that some African countries are trying to reduce trade barriers. The AfCFTA is a free trade agreement between 54 African Union countries that was established on May 30, 2019. Its purpose is to create a single continental market for goods and services, with free movement of business persons and investments. By reducing trade barriers such as tariffs, non-tariff barriers, and regulatory barriers, it is hoped that the AfCFTA will increase intra-African trade and economic development.
The measurement you are referring to is called Gross Domestic Product per capita (GDP per capita). It is commonly used to compare the average income or wealth of individuals in different countries. GDP per capita is calculated by dividing the total Gross Domestic Product (GDP) of a country by its population.
To obtain the GDP per capita, you will need the following information:
1. Total GDP: This data can be sourced from official government reports or international organizations such as the World Bank, International Monetary Fund (IMF), or the United Nations. These organizations regularly publish GDP data for countries around the world.
2. Population: The population data of a country can also be obtained from official government reports or international databases such as the United Nations World Population Prospects or national statistical agencies.
Once you have the total GDP and population data for a specific country, you can divide the GDP by the population to calculate the GDP per capita. This figure represents the average income or wealth per person in that country.
Comparing the GDP per capita of different countries can give you an idea of which country's population, on average, has higher incomes or living standards. However, it is important to note that GDP per capita alone does not provide a complete picture of the economic well-being of individuals within a country, as it does not consider income inequality or factors like cost of living. Other indicators such as the Human Development Index (HDI) or Gini coefficient can offer additional insights into the distribution of wealth and living conditions within a country.