Why Prices Differ Around the World

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Ever travelled somewhere and noticed that the prices for some things are significantly cheaper or more expensive than back at home? Ever wonder why that's the case? This video (hopefully) has all the answers!

MUSIC:
"Arabian Nights" by StoneOcean

SOURCES:
Kuala Lumpur vs. Singapore prices index:
Education, Income, and Wealth

www.csun.edu/~lem50734/econ_405_topic9.ppt

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