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Once again...Aussies getting ripped off - Page 2

post #11 of 12
Quote:
Originally Posted by KaiserFrederick View Post

The globalisation of markets was supposed to get everyone the cheapest prices, regardless of what nation you come from. But of course, the evil mega corporations just have to price discriminate to capture all of our yummy consumer surplus. Curse you, capitalism!

The globalization of markets was never supposed to get everyone the cheapest prices; its primary aim is to make international commerce easier and more profitable to engage in.

Reducing the disparities in local pricing is at most a side effect, and can easily be circumvented by manufacturers/retailers in many instances.
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Julia
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post #12 of 12
Quote:
Originally Posted by svenge View Post

The globalization of markets was never supposed to get everyone the cheapest prices; its primary aim is to make international commerce easier and more profitable to engage in.

Reducing the disparities in local pricing is at most a side effect, and can easily be circumvented by manufacturers/retailers in many instances.
Ah, thanks for the correction, when I posted that I'd recently finished my economics exam and felt like venting some steam tongue.gif
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