NO.PZ202106160100000204
问题如下：
Based on Exhibit 1, which Indian economic statistic least likely supports Kanté’s
international equity allocation preference?
选项：
A.GDP per capita
Growth resulting from labor productivity
Growth resulting from capital deepening
解释：
A is correct. Kanté’s decision to invest in equities in India is supported by the
country’s strong economic growth. For global investors, economic growth is
important because equity composite valuations depend to a great extent on
both the level of economic output (GDP per capita and GDP overall) and on
the rate of economic growth. Relative to Brazil, India’s growth rate in per capita
GDP has been much higher, and furthermore, the growth rate in GDP has
also been much higher than that of Brazil. In contrast to the growth rate, the
relatively low level of GDP per capita in India is less likely to indicate attractive
equity investment opportunities. Low per capita GDP suggests that India may
lack sufficient industrial and financial infrastructure to support some types of
industries. It also indicates that domestic purchasing power is relatively limited,
decreasing the potential for higher-margin, domestically oriented businesses.
麻烦解释一下这个题目？
