Y
Hacker News
new
|
ask
|
show
|
jobs
by
mannerheim
1247 days ago
This has to do with the labour costs, too, though. Poorer countries have lower purchasing power, but also lower labour costs, reducing the cost it takes to produce a Big Mac.
1 comments
kyriakos
1247 days ago
That's a valid point. Also explains why an iPhone still costs the same since its not locally built.
link
mannerheim
1247 days ago
Also because it is trivial to buy an iPhone in a poorer country and bring it to a richer one.
link