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> "purchasing power parity" (PPP) this is usually heavily weighted by consumer basket, meaning China has cheap rice, clothes and basic services, but PPP for oi
by riku_iki 3y ago
> "purchasing power parity" (PPP)
this is usually heavily weighted by consumer basket, meaning China has cheap rice, clothes and basic services, but PPP for oil, cars, aircrafts, ships, industrial machinery will be equal.