A 150% return in Belarus is higher than a 15% dollar return in the U.S.

Name: A 150% return in Belarus is higher than a 15% dollar return in the U.S.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The comparison of returns between different countries cannot be done solely based on nominal returns. Factors such as inflation and exchange rates must be taken into consideration to determine the real return. Therefore, the comparison between a 150% return in Belarus and a 15% dollar return in the US depends on whether they are nominal or real returns.

A 150% Return in Belarus Is Higher Than a 15