No, my point is that there is no such thing as purchasing power. An iPhone doesn't cost less in China or India even though their "purchasing power" is much higher on paper.
Having "high purchasing power" just means that you have access to low quality options that people in "low purchasing power" countries don't because there isn't a market for it.
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No, my point is that there is no such thing as purchasing power. An iPhone doesn't cost less in China or India even though their "purchasing power" is much higher on paper.
Having "high purchasing power" just means that you have access to low quality options that people in "low purchasing power" countries don't because there isn't a market for it.