How Long to Read Benefits of Price Convergence

How Long Does it Take to Read Benefits of Price Convergence?

It takes the average reader 2 hours and 12 minutes to read Benefits of Price Convergence by Gary Clyde Hufbauer

Assuming a reading speed of 250 words per minute. Learn more

Description

Price divergence is readily apparent to anyone who shops. Travelers from Manchester to London, or from Chicago to Paris, are hit by sticker shock. Products ranging from London Fog raincoats to Viagra are available over the Internet at half their retail store prices. Common experience tells us that prices for identical products differ between countries, between cities, even between neighboring shops. On the other hand, common experience also tells us that open markets and greater competition will force a degree of price convergence, if not identical prices. This monograph presents speculative calculations that illustrate potential benefits from price convergence between countries. The authors take a fresh look at global economic integration by examining existing price divergence, and possible price convergence, across a range of consumer goods and then calculate the potential benefits of price convergence on a country-by-country basis and for the world as a whole. This study examines the potential benefits from price convergence resulting from more competition and market integration, not perfect competition and market integration. The authors calculate these benefits assuming that the world economy can attain the same degree of competition and market integration—and hence price convergence—as exists within the United States.

How long is Benefits of Price Convergence?

Benefits of Price Convergence by Gary Clyde Hufbauer is 128 pages long, and a total of 33,024 words.

This makes it 43% the length of the average book. It also has 40% more words than the average book.

How Long Does it Take to Read Benefits of Price Convergence Aloud?

The average oral reading speed is 183 words per minute. This means it takes 3 hours to read Benefits of Price Convergence aloud.

What Reading Level is Benefits of Price Convergence?

Benefits of Price Convergence is suitable for students ages 10 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Benefits of Price Convergence?

Benefits of Price Convergence by Gary Clyde Hufbauer is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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