SC - Price of Feasts (was butter)

[Varju@aol.com]

In a message dated 11/19/98 12:18:02 AM US Mountain Standard Time,
ddfr at best.com writes:

> 
>  >>  If relative prices of all goods in the US were the same as in the UK, 
> the
>  >>  result would be an exchange rate at which all prices were the same in 
> both
>  >>  countries, and there would be no trade
>  >
>  >Far too simplistic, and not true at all.  Less trade, perhaps, but there 
> would
>  >still be a cachet in purchasing Italian shoes, Russian Vodka, Japanese
>  >Electronics, American Cars, etc.....
>  
>  Then they aren't the same goods.
>  

But there WOULD still be trade!  Whether the goods were the same or not.

Mordonna
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