Quote:
Originally Posted by EXPORT
Take the Euro as an example
it is used in 16 EU countries ranging from germany to slovakia
that sure does not compute with living standards in all countries
NO?
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It's based on averages... There a many, many examples where the price would not be fair... i.e. someone in europe getting paid american dollars, area where salary is lower, etc. etc. but on average it is fair.
My buddy opened a brewery in mexico... buys all his hops, barley, etc. in the states. He makes his money from the peso and the us/mx rate is about 1/13 right now. Used to be closer to 1/10... his overhead increased 30% and was closer to 50% a few months back. Point is it sucks for him...
Nothing is always going to be fair but on the average regional billing is.