Monday, November 9, 2009

Globalization in Reverse?

Finally, one of the topics of my Global Economics class is how trade can allow cultures to share. McDonald's is an oft-cited example. Just consider the fact that the Big Mac is considered a "universal commodity" as the basis for the Big Mac Index.

But how many of these McDonald's products have made it to the U.S.? (HT Marginal Revolution.)

Granted, it is an example of a multi-national adapting to local markets, but still... One would expect some reverse flows, wouldn't one?

I look forward to your comments.

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