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International Poverty Line

Which of the statement(s) given below is/are correct regarding the International Poverty Line?

  1. It is calculated by taking the poverty threshold from each country—given the value of the goods needed to sustain one adult—and converting it into dollars.
  2. The current International Poverty Line is $1.90 per day.

Choose the correct answer from the options below:

A
Only 1
B
Only 2
C
Both1and 2
D
None of the above