Hi guys, Welcome to the Advanced Video Search Engine, and you are watching The Geo-Graphics Mini Mac Index Deep Fries The Economist's Big Mac Index. That video is uploaded by Council on Foreign Relations at 2016-09-12T09:07:01-07:00. We are promoting this video only for entertainment and educational purpose only. So, I hope you like & enjoy it. [hwM7fIGAZAc]
| Name | The Geo-Graphics Mini Mac Index Deep Fries The Economist's Big Mac Index |
| Video Uploader | Video From Council on Foreign Relations |
| Upload Date | This Video Uploaded At 12-09-2016 16:07:01 |
| Video Discription | The Economist magazine’s famous Big Mac Index uses the price of McDonald’s Big Macs around the world, expressed in a common currency (U.S. dollars), to estimate the extent to which currencies are over- or under-valued. But you can’t buy a cheap burger in Beijing and eat it in New York, so it's less likely that global burger prices would converge. That's why Benn Steil, Senior Fellow and Director of International Economics at the Council on Foreign Relations, created the Mini Mac Index, which compares the price of iPad minis across countries. iPad minis are a global product that, unlike Big Macs, can move quickly and cheaply around the world, which helps equalize prices. Read more about the Mini Mac Index on the Geo-Graphics blog: http://blogs.cfr.org/geographics/ hwM7fIGAZAc |
| Category | Nonprofits & Activism |
| Tags | Council on Foreign Relations | CFR | The Economist | economics | index |
