So if a computer costs me 150 Yuan to make in China and I sell it in the USA I make how much money?
Like lets say I sell it for 1,500 dollars. http://www.google.com/finance?hl=en&q=CURRENCY:CNYUSD&ei=OEBUTcf2KIzUgAfv3JTjCA&sa=X&oi=currency_onebox&ct=currency_onebox_chart&resnum=4&ved=0CDcQ5QYwAw So won't I beat the crap out of any American based company in the USA? 150 yuan x .1518 usd = $22.77 usd Let me see any American company compete with me when it comes to Monopolizing.
Politics - 2 Answers
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1 :
Actually most computer companies are from the USA
2 :
Here's how we compete: When your $22.77 computer lands in the USA, we slap a nice big TARIFF on it.
