Twitter/X

@girdley: "Geographic Arbitrage" Buy something in one place and sell it in another for more. I've done this....

"Geographic Arbitrage"

Buy something in one place and sell it in another for more.

I've done this.

For decades, we imported fireworks, and then sold them to Mexicans who’d take them into Mexico.

Why?

Mexico had a hefty duty on fireworks from China. The US didn't.