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Island nations thrive on this kind of economy: it's called "parallel imports" http://en.wikipedia.org/wiki/Parallel_import http://en.wikipedia.org/wiki/Parallel
by marquis 12y ago
Island nations thrive on this kind of economy: it's called "parallel imports" http://en.wikipedia.org/wiki/Parallel_import http://en.wikipedia.org/wiki/Parallel_import. Australia and New Zealand would feel like 3rd world nations without this (no or expensive opportunity to buy foreign goods that have no local distribution). Amusing to see this on a land border.
- melloclello 12y agoIt's worth mentioning that now that National have won the election in New Zealand, it's likely they'll sign onto the TPPA which will effectively ban parallel importing.