"Euros: Hedging exchange rates", Aug. 99, Director, London
International price variations are easily discovered. Whilst both the Big Mac and The Economist are perishable commodities and should be consumed fresh, The Economist is much less so. Price variations could be easily eliminated through grey imports. In Seoul, Big Mac has to compete with Burger Kings Whopper, local competitor, Lotte Burger in addition to Korean alternatives. There is no alternative to The Economist!
Economistics predicts a Chinese Yuan rate of 14.57 from the current 8.31 rather than a fall, according to Burgernomics, to 3.83. Will the CD factories in Guangdong turn to pirating "The Economist" ? Which futures exchange will be the first to list "The Economist" futures? Should I start an Import-Export business trading "The Economist"? Are Economistics mistaken? Or are the Burgernomists going to have to eat their words?
Delphi Risk Management: Delphi Delphi & Delphi are the Innovation, Communication & Risk Management arms of Delphi Risk Management Limited
If you have reached this page directly from a search engine visit Delphi's