Currency Devaluation

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Anchor Moy
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Re: Currency Devaluation

Post by Anchor Moy » Sun Sep 06, 2015 8:33 pm

Most alcohol is cheaper here than in the original country because of no/low taxes. But for some reason its even cheaper than most countries' duty free prices.
By the way, most of that French wine in Cambodia is shit that they couldn't sell in France.( If it has no AOC category then it's "vin de table" - low grade.)
rubberbaron wrote:The funny thing is some of the imported goods from the U. S. are the same price or even cheaper than in the U. S. I am guessing they somehow skirt the import duty and or taxes? And I am always surprised at the prices of French Wine. They are comparatively cheap here.
BTW, as an importer in the U. S. (amongst other things) I was part of the supply chain. Retailers there don't work on 100% mark-up, more like 30 to 35%. Of course, the sales tax comes on top (except Florida) and is paid when checking out.
Pricing here is pretty intransparent. As for currency conversions, it was different not too long ago when the dollar was down. Europeans are still relatively well off, but the non-Euro countries, and maybe even them in a year or two, are hurting. So if you depend on income from OZ or NZ you probably got to pinch a little.
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