The dollar (US) to dollar (CN) parity has been quite an interesting development recently. Unfortunately it means that Canadian resellers (like amazon.ca) are in danger of being over-run by more aggressive competitors like amazon.com. Consider these prices differences:
For
The Age of Turbulence, Alan Greenspan's latest literary masterpiece, is (at this writing) 26.46 CDN and only 20.99 USD
The story is much the same with DVDs too. Take, for example the BBC's fascinating documentary series on the life and times of other species throughout the universe, Doctor Who. The third series is 87.49 CDN at amazon.ca and only 69.99 USD at amazon.com.
With the Canadian dollar and US dollar parity how are Canadian resellers like amazon.ca going to compete with US resellers like amazon.com? While some might argue that this is only a short term inbalence and that the laws of economics will take care of things, I suspect otherwise! I would suggest massive, arbitrary government intervention to help Canadian resellers maintain their high prices.
P.S.: I am not a crackpot.
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment