Philippines

By Christina Lehman

GDP(PPP)

  • $454.3 billion (2013 est.)

GDP- per capita

  • $4,700 (2013 est.)

Big image

Philippine peso/menu

Big image

% below the poverty line

  • 26.5% (2009 est.)

Import and export

  • A import is when (goods or services)are brought into a country from abroad for sale.

  • A export is when (goods or services) are sent to another country for sale.

Summarization

They are sending money over sea for the filipino workers and expanding business .The Philippines averaged 4.5% during the MACAPAGAL-ARROYO administration.Underemployment is nearly 20% and more than 40% of the employed are estimated to be working in the informal sector.

What is wrong when the price of imports is greater than the price of exports

When the imports price is higher there are fewer exports. We take more in then we send out.

What I Learned And Grade

I learned about the Philippines GDP and GDP- per capita. Also the % below the poverty line. Then there's that $1.00 in the USA is $44.07 in the Philippines.Also what an import and export is. I deceive a B+ or a B