After reading the article on incentives when purchasing a vehicle, I'm going to have to agree that incentives can be used to a person's advantage. I'm going to have to agree also with what people were saying about the companies. These car companies can make a ton of money in a day just by a customer paying regular prices for a vehicle. If the customer was more aware of the incentives they could lower the price on a vehicle which would ultimately give them a cheaper purchase.
I would also have to agree with Morgan and Joelle about demographics. It is true that if you are deciding to buy a SUV in Wisconsin, generally you will be paying more for it, because the demand for such a vehicle is high. Whereas if you were living in Texas or California the price for the same exact SUV would be lower. (This is proven when you go on to Kelly's Blue Book and say you want to sell your vehicle. KBB will ask for you zipcode, and therefore will price it depending on where you live.) The market for vehicles is different everywhere. In my opinion, If you wanted a big SUV and lived in Wisconsin, why not drive to California and purchase it at a lower price. :)
Monday, February 11, 2008
Monday, February 4, 2008
Free Trade
I just finished reading the assignment for the weekend, "David Ricardo and the Cry for Free Trade" and I have decided that for my blog post this week I am going to state my opinion on free trade. :)
From what I have read, I have to agree with David Ricardo. His attempts to presuade Britian to allow free trade may not have been sucessful at first, but I think today If Britain could go back and time and agree with Ricardo, they would have. Ricardo saw Britain with two different futures: first, a protectionist island barricaded against foreign goods. Second, as a free trader. If Britian would have agreed with Ricardo and chose free trade, the free trade would have made it possible for the country's households to comsume more goods and at a lower price. Thus making free trade efficient and less costly than Britain producing everything for themselves. The blocking of imports also affects the workers and employees, because more jobs can be created by selling goods and services to other countries. Now this paragraph could go on and on about the benefits of free trade, but I think my two main points are above. Free trade helps grow the economy, and also helps the unemployed. I think David Ricardo was on to something with free trade, regardless of what the British thought.
From what I have read, I have to agree with David Ricardo. His attempts to presuade Britian to allow free trade may not have been sucessful at first, but I think today If Britain could go back and time and agree with Ricardo, they would have. Ricardo saw Britain with two different futures: first, a protectionist island barricaded against foreign goods. Second, as a free trader. If Britian would have agreed with Ricardo and chose free trade, the free trade would have made it possible for the country's households to comsume more goods and at a lower price. Thus making free trade efficient and less costly than Britain producing everything for themselves. The blocking of imports also affects the workers and employees, because more jobs can be created by selling goods and services to other countries. Now this paragraph could go on and on about the benefits of free trade, but I think my two main points are above. Free trade helps grow the economy, and also helps the unemployed. I think David Ricardo was on to something with free trade, regardless of what the British thought.
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