Why are Canadian paying about 40% higher prices then americans for the same goods. I've heard Canadian retailers whine about import duties and how the dollar, at the time of purchase was a bit weaker then it is now. So assuming this logic is true are we here in Canada going to see prices come in line with the US next year, as currency is now much stronger? If retail was as low margin as the retailers claim they wouldn't be doing it. A $35 dollar jacket bought from China might after it's all said and done cost the retailer $100, he then turns around and sells it to you for $250. Explain this please. And also try and defen why all Canadians shouldn't jump in the car and drive to the nearest border town to throw our money at the US? Why buy a TV in Canada when you can buy the same TV, plus a new home theater surround system, plus 10 DVDs for the same price in the US?
2007-10-28
03:21:16
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4 answers
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asked by
CubeScience
3
in
Economics