301 calculating returns
Dev Raga Personal Finance
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PPP and Taxes
The concept of parity is to compare the cost of goods and services across countries. PPP doesn't take into account transport costs because raw materials are not available in the local town or need to be transported across the country. Export tariffs for example can vary between countries which can raise prices unnaturally. Sometimes PPP doesn’t factor in costs associated with utilities Labor costs which are also going to reflect on higher prices for the goods and services.
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