Sunday, April 26, 2015

emma spreng, Chapter 11, Question #6

I found the passage about the Big Mac interesting because before reading this I never really thought about the price differences in different places, such as China and the Unites States. But when Wheelan brought up this example it stuck out to me because McDonald's, an american company, is selling there food all over the world and I would have guessed that it's sold for the same amount no matter what the currency is. But because China's government "rely heavily on a "cheap" currency", the Big Mac is cheaper in China.

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