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The Benefits of Price Convergence: Speculative Calculations (Policy Analyses in International Economics)



Год выпуска: 0
Автор: Gary C. Hufbauer, Erika Wada, Tony Warren
Издательство:
Страниц: 0
ISBN: 0881323330
Описание
Price divergence is readily apparent to anyone who shops. Travelers from Manchester to London, or from Chicago to Paris, are hit by sticker shock. Products ranging from London Fog raincoats to Viagra are available over the Internet at half their retail store prices. Common experience tells us that prices for identical products differ between countries, between cities, even between neighboring shops. On the other hand, common experience also tells us that open markets and greater competition will force a degree of price convergence, if not identical prices. This monograph presents speculative calculations that illustrate potential benefits from price convergence between countries. The authors take a fresh look at global economic integration by examining existing price divergence, and possible price convergence, across a range of consumer goods and then calculate the potential benefits of price convergence on a country-by-country basis and for the world as a whole. This study...


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Elina
Это Лина из Израиля, я Вам в августе месяце заказывала консультацию по экономике и хочу сказать Вам большое спасибо. Я защитилась и получила диплом после вашего сопровождения!