Today, I was in Poundland (no, I'm not a chav , chavs call me a "goffick dikhead" in fact, but anway), and brought a pack of 4 Colgate tooth brushes, obviously being from Poundland, for a pound a pack. I didn't think much of it till I got home and inspected them closer, they had Vietnamese writting all over them (indicating they were from the Vietnamese market) and with the price 10,000 D for 4. I soon did a conversion from Vietnamese Dong to British pounds and it comes out at 35p a pack, in Tesco (equvilent to Walmart for you Americans) a pack costs about 3.99.

So, in theory, things are cheaper in countries which have lower wages so don't they have the same standard of living because they can get just as much because things are cheaper?