Australia’s Commonwealth bank uses the comparative price of iPod Nano’s, as an index, to compare global currencies and purchasing power across countries. In the results of their latest survey, Brazil is the costliest place to buy an iPod and India comes second. The cheapest iPod can be bought in Canada followed by Hong-Kong.
Suddenly, iPod arbitrage sounds like a good business plan. Buy them in Hong-Kong and sell them in Brazil 
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