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Business

Quiz: CNBC Quiz: Davos And The World Economy

Question 3 of 12

As of 2009, which of the following countries had the largest GDP, based on purchasing power parity?

  1. Canada
  2. Mexico
  3. South Korea
  4. Spain
Correct!

Mexico at $1.42 trillion, although it is a very close group. Canada had the smallest of the group at $1.28 trillion. Spain and South Korea were essentially tied at about $ 1.36 trillion. (PPP involves the use of standard dollar - price weightings for services and products, smoothing out currency effects.
Source: CIA 's World Fact Book