Quote:
Originally Posted by Epacy
Yes, and since we can't brief enough how direct conversions work so well , then they are truly at a disadvantage.
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You bet. If you don't like monetary exchange rates for comparison, you could try the Big Mac test (or a variant). Since you can't get a Big Mac in India a can of Pepsi would do. USD$1.00 in the USA vs USD$0.20 in India ... that makes the M3 the exchange equivalent of USD$950,000 to an Indian buyer.