[War_ooc] Exchange rate?

[Dan Garcia]

Probably 66 Billion Taiwanese dollars would probably buy you about as much as $2 Billion dollars
in the US.  This isn't exactly true, but Taiwan is a pretty well developed nation with a vibrant
international trade, so it's probably a pretty good approximation.  Of course, if you wanted a
better sense, you could look up what Taiwan's GDP is at market rates and at PP rates, and compare
the two.  The PP GDP just takes into account living standards and such.  If the PP GDP is about
the same as the market GDP, then everything I said above is right.  If it's very different, (and
usually if it is different, PP GDP is usually more than market GDP) then it might carry more bang
for the buck.

I hope that helped.

Danny


--- Alan Tang <alantang999 at hotmail.com> wrote:

> I'm not too hot on fiscal management, would 66 Billion NT$ be considered 2 
> Billion (in US dollars), or in terms of Taiwan's internal economy really 66 
> Billion dollars ? If it is really 66 billion dollars worth of actually 
> spending (which is massive for just a health care spending bill) i'd like to 
> retcon that to just 2 billion NT$ over the year. Can anyone explain how this 
> really works?
> 
> -Alan
> 
> 
> 
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