How much does a pint of stout cost around the world ?
In Sydney , it costs USD3.84
In Singapore , it costs USD9.66
In Seoul , it costs USD14.49
Wouldn't it be great if you could take all the stout in Sydney and sell them @ Seoul ? so if you could possibly make a profit of USD(14.49 - 3.84). Of course if you include factors like tax or transport cost and handling cost etc , the profit margins might diminish. And this is possible only if the company has a two-tier or market pricing vs standard pricing.
I been reading the Asian wall street journal weekends on friday and spotted their little article on this , they compared things like ikea book shelf to high end printers. Interesting prospect to profit from. (Do you think you can find such international stuff in Singapore papers ? i doubt so - go on and waste your $$ on it !)
Arbitrage : In economics and finance, arbitrage is the practice of taking advantage of a price differential between two or more markets: a combination of matching deals are struck that capitalize upon the imbalance, the profit being the difference between the market prices.
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