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Politics : BS Bernanke (Ben Shalom Bernanke), 14th Fed Chairman
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To: Paul Chiu who wrote (8)7/4/2006 1:49:17 PM
From: Julius Wong   of 23
 
>> China comfortably overtook Britain last year based on each country's gross domestic product converted into U.S. dollars at current exchange rates.

But the World Bank's widely watched ranking measures gross national income converted into dollars using the "Atlas" method of currency conversion, which smoothes out exchange rate fluctuations by using a three-year average. <<

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