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No, it is not the end of the matter.
India's GDP per capita, at market exchange rates, is only around US$ 500. Anyone can check this at www.economist.com/country briefings/factsheet. If you are are using the PPP (purchasing power parities) indicator, you ought to tell us about it.
As for the G7, it has never been the Group of 7 richest, it is the Group of 7 most powerful economies in the world, which are also rich (that's why they are there, if they were poor they wouldn't be powerful, which is the case with India).That's why countries like Norway and Switzerland, being richer than Britain and France (both G7 members) are not members of the group, because they are small economies.
Rui Colla�o
From: "Lily & Gabe Menezes" <[EMAIL PROTECTED]> Reply-To: [EMAIL PROTECTED] To: "goanet" <[EMAIL PROTECTED]> Subject: [Goanet] G.D.P. Per capit. Portugal, India.... Date: Fri, 14 Mar 2003 13:31:13 -0000
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I hope this is the end of the matter.
G.D.P. per capita countries in mentioned in contention.
India 2,443 Macau 17,235 Norway 27,557 Switzerland 28,421 U.S. 35,831 U.K 22,801 Portugal 15,795.
Of the above countries which countries are in the G7 considered the richest countries in the world?
Also Macau is richer than Portugal, what does that mean?
Hope this settles the issue once and for all.
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