UK vs. US.. Why such a big difference in price?
The British pound is currently almost twice as much as the US dollar. Given this I am puzzled to see that prices of standard retails items surrounded by UK are almost twice as expensive as within the US.
A two of a kind of say aloud GAP jeans will cost 40 pounds contained by UK and nearly 40 dollars contained by the US. One would expect that surrounded by UK it would cost roughly speaking 20 pounds.
Why such a difference? Is the cost of doing business in UK really so large that by the time the stock manage retail stores within UK their prices are stupendously soaring? Is in that an arbitrage opportunity within?
Answers:
The european have a VAT (value added tax) i.e. sort of similar to a super sale export tax. They tariff every time importance is added to an item. When the cootton is made into thread it is more meaningful so rates is added. By the time you draw from to a completed duet of jeans they've be tax 100 times over. Some congressmen surrounded by the US are pushing for that type of export tax here. Pray they don't achieve it through or those jeans will cost like peas in a pod here as contained by the UK. I know empire contained by France who steal their vacation to the US lately to shop. The hoard on prices pays for their break and later some.
Its call exploitation or foreign trade agreements.
you want US products - you enjoy to ship them from US - costs money, plus introduction tarriffs, VAT, etc
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A two of a kind of say aloud GAP jeans will cost 40 pounds contained by UK and nearly 40 dollars contained by the US. One would expect that surrounded by UK it would cost roughly speaking 20 pounds.
Why such a difference? Is the cost of doing business in UK really so large that by the time the stock manage retail stores within UK their prices are stupendously soaring? Is in that an arbitrage opportunity within?
Answers:
The european have a VAT (value added tax) i.e. sort of similar to a super sale export tax. They tariff every time importance is added to an item. When the cootton is made into thread it is more meaningful so rates is added. By the time you draw from to a completed duet of jeans they've be tax 100 times over. Some congressmen surrounded by the US are pushing for that type of export tax here. Pray they don't achieve it through or those jeans will cost like peas in a pod here as contained by the UK. I know empire contained by France who steal their vacation to the US lately to shop. The hoard on prices pays for their break and later some.
Its call exploitation or foreign trade agreements.
you want US products - you enjoy to ship them from US - costs money, plus introduction tarriffs, VAT, etc