Posts Tagged ‘imports’

  • Everyday economics and Shake Shack

    Purchasing Power

    Feb 22, 13 • 762 Views • 1 Comment

    The Big Mac Index is out again and not much has changed. Norway’s Big Macs are expensive and Chinese Big Macs are cheap. What do Big Mac prices tell us about purchasing power? Starting with an average U.S. price of $4.37, we can determine whether other......  [read more]

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    Giraffes and Levis

    Mar 8, 12 • 462 Views • No Comments

    French fashion, food, wine and now a French giraffe. Most French moms buy Sophie for their newborns. Seven inches tall, with brown spots, black eyes and pink cheeks, she is just a rubber toy giraffe that squeaks. In French supermarkets, her price is $12. In......  [read more]

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    European Ties

    Nov 14, 11 • 526 Views • No Comments

    How to picture the US/European economic partnership? You could think of Skippy Peanut Butter. Owned by Unilever, a multinational based in the UK and the Netherlands, Skippy’s peanuts are grown primarily in Georgia and Texas, shelled and sorted here, and......  [read more]

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    Chinese Imports

    Oct 23, 11 • 503 Views • No Comments

    Are you paying more for your clothing? According to NY Times financial journalist Floyd Norris, women’s shirt prices, dresses, sweaters, all that government statisticians consider female “outerwear,” have started to become more expensive.......  [read more]

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    Should We Buy American?

    Sep 6, 11 • 452 Views • No Comments

    How to diminish unemployment? The NY Times tells us about a Montana general contractor who plans to use only American-made goods for building his homes. Explaining, he said,  “I think we could solve this recession if everyone shifted just 5% of......  [read more]