Sunday, December 16, 2012

Re: [IAC++] Amazon shows :How FDI will raise prices by 10 times.

Additionally, the list price of the item is not $4.88 - that is a discounted price. The list price is $9.98. Do the math.

On Sun, Dec 16, 2012 at 4:26 PM, Vidyut Kale <wide.aware@gmail.com> wrote:
On Sun, Dec 16, 2012 at 12:20 PM, pavan nair <pavannair1@gmail.com> wrote:
 It would be incorrect to directly convert the currency at market exchange rates. You need to use purchasing power parity or PPP rates which for India /US is done by a factor of 3. In other words the cost of the item is actually about Rs 80 which includes shipping which does not seem excessive.

It doesn't exactly include shipping. If you read the link, it is an add on item on purchases over $25 and gets added to the delivery for free - after you buy it.



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Vidyut Kale
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