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 Re: 1. Euro = $1.06
Author: mschmidt 
Date:   2015-03-21 07:10

Well, Adam Smith would assume that there is competition between US dealers, and that they would cut their prices as the costs of imports fall, in an attempt to get more market share.

But there is the matter of "sticky prices" and other market imperfections. I do see that some firms are "authorized dealers" of some brands; this may constitute a barrier to entry and an opportunity to exert some price control.

Mike

Still an Amateur, but not really middle-aged anymore



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 Topics Author  Date
 1. Euro = $1.06  new
JRC 2015-03-18 16:40 
 Re: 1. Euro = $1.06  new
pisces71 2015-03-18 22:57 
 Re: 1. Euro = $1.06  new
mschmidt 2015-03-21 07:10 
 Re: 1. Euro = $1.06  new
Barry Vincent 2015-03-18 23:22 
 Re: 1. Euro = $1.06  new
WoodwindOz 2015-03-19 09:33 
 Re: 1. Euro = $1.06  new
Barry Vincent 2015-03-19 10:08 
 Re: 1. Euro = $1.06  new
Old Oboe 2015-03-20 01:01 
 Re: 1. Euro = $1.06  new
Jeltsin 2015-03-20 11:18 


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