Episode 272: Is Price Tourism Killing the Economy of Developing Nations?

• Scenario 1: 

• Aarti lives in the US and earns the minimum wage. In his free time he likes to watch movies. In order to purchase tons of movies for cheap, he uses a website that offers digital download codes from developing nations. Should he stop doing this and just buy the movies in the US where he lives, while potentially purchasing much less movies than he’s used to?

• Scenario 2: 

• Josephine sells her popular digital comic all over the globe. The price varies by region, but she notices that it sells really well in all the regions where it is priced at its lowest. Should she consider pulling her comic from low income regions to increase her profit margin globally? 

• Scenario 3: 

• Ira lives like a queen because she makes all her money in the US and lives in a much cheaper nation. She’s able to save lots of money by buying computer software locally. Since she makes her money in the US, should she buy software from the US instead of her current location?