Hong Kong Is 4th Most Expensive Place in the World for Expats: ECA

Hong Kong Is 4th Most Expensive Place in the World for Expats: ECA

Assessment

Interactive Video

Business

University

Hard

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The video discusses the factors contributing to Hong Kong's rise in cost of living rankings, including currency strength and inflation. It explains the methodology of an expat survey used to assess living costs, which excludes property costs due to variable factors. The video also highlights Ashgabat's significant inflation, making it the most expensive city.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contributed to Hong Kong's rise in the cost of living rankings?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the basket of goods used in the cost of living assessment?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the strength of the US dollar affect Hong Kong's cost of living rankings?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Why is property not included in the cost of living assessment for expatriates?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What recent changes have affected the cost of living in Turkmenistan?

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