how can we compare others other states or countries
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Answer:They could have similarities as well as differences. The income of the people should be considered to be one of the most important attributes. Countries have different populations, so we must compare the average income of the country which is got by dividing the total income of the country by its total population, etc.
Use the OER method when you want to compare two emerging market countries to each other, or two developed economies to each other. You can also use it to compare the country's economic output over time, as long as its exchange rate hasn't changed dramatically
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