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To: mamelukesabre
do you think it sensible to measure output in US dollars?

What do you suggest?
66 posted on 12/30/2010 8:13:45 PM PST by kenavi (The good ol' US of A: 57 state laboratories for the future.)
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To: kenavi

I’m not sure. But you could count shipping containers, or weigh them. There’s a problem with going merely by dollars. When china completely takes over one segment of manufacturing, like say tennis shoes, the price drops way way down. So if you are only counting dollars, you are under counting that product.

btw, your link only goes up to 2007. extrapolating to 2010 would put china above america I believe.


67 posted on 12/30/2010 8:20:42 PM PST by mamelukesabre (Si Vis Pacem Para Bellum (If you want peace prepare for war))
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