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In 2008, the population of China was 1.3 billion and real GDP was 4.4 trillion. In the same year, the population of India was 1.2 billion and real GDP was 1.2trillion. In 2005, China's Human Development Index was 0.777 and India's was0.619. Which country has the higher standard of living? Explain.

Reference no: EM131249376

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