Argentine companies are starting to replace local manufacturing with imports, and with huge markups. I read a report saying a well-known company is selling an imported folding chair at almost 8x its cost 🤯
On one hand, I get that importing can be easier or cheaper. But on the other, it feels like a bad sign: less local production, fewer jobs, and more pressure on dollars… while prices stay sky-high.
So what do you think, smart business move or a bigger problem for the economy?
And if costs are actually much lower, why are prices still so high? Should there be some kind of oversight on pricing, or is this just how the market works? Because this kind of behavior just seems to make the crisis worse.
On one hand, I get that importing can be easier or cheaper. But on the other, it feels like a bad sign: less local production, fewer jobs, and more pressure on dollars… while prices stay sky-high.
So what do you think, smart business move or a bigger problem for the economy?
And if costs are actually much lower, why are prices still so high? Should there be some kind of oversight on pricing, or is this just how the market works? Because this kind of behavior just seems to make the crisis worse.
Argentine companies replace manufacturing with importing — with huge profit margins - Buenos Aires Herald
A report said that a leading company is selling a folding chair it imports at almost eight times its cost
buenosairesherald.com
