The car price con?

David Bell, N. Fraser (Editor)

Research output: Contribution to journalArticle

Abstract

British car buyers are beginning to wonder whether they are the victims of a gigantic con trick. Car prices in Europe, they are told, are far lower than they are in the UK. Yet we apparently live inside a free trade area, namely the EEC, within which the market should force rough price equality after allowing for transport costs. Thus it seems that the British car buyer is being duped by the producers into paying far more for a new car than his continental cousins. The brief economic perspective seeks to explain why.
LanguageEnglish
Pages34-35
Number of pages2
JournalQuarterly Economic Commentary
Volume7
Issue number4
Publication statusPublished - May 1982
Externally publishedYes

Fingerprint

Car
Buyers
Economics
Equality
Transport costs
Free trade area
Market forces

Keywords

  • automobile industry
  • car prices
  • European Economic Community (EEC)

Cite this

Bell, D., & Fraser, N. (Ed.) (1982). The car price con? Quarterly Economic Commentary, 7(4), 34-35.
Bell, David ; Fraser, N. (Editor). / The car price con?. In: Quarterly Economic Commentary. 1982 ; Vol. 7, No. 4. pp. 34-35.
@article{f9f57dd153984517b39cf549c228dd17,
title = "The car price con?",
abstract = "British car buyers are beginning to wonder whether they are the victims of a gigantic con trick. Car prices in Europe, they are told, are far lower than they are in the UK. Yet we apparently live inside a free trade area, namely the EEC, within which the market should force rough price equality after allowing for transport costs. Thus it seems that the British car buyer is being duped by the producers into paying far more for a new car than his continental cousins. The brief economic perspective seeks to explain why.",
keywords = "automobile industry, car prices, European Economic Community (EEC)",
author = "David Bell and N. Fraser",
year = "1982",
month = "5",
language = "English",
volume = "7",
pages = "34--35",
journal = "Fraser of Allander Economic Commentary",
issn = "2046-5378",
publisher = "University of Strathclyde",
number = "4",

}

Bell, D & Fraser, N (ed.) 1982, 'The car price con?' Quarterly Economic Commentary, vol. 7, no. 4, pp. 34-35.

The car price con? / Bell, David; Fraser, N. (Editor).

In: Quarterly Economic Commentary, Vol. 7, No. 4, 05.1982, p. 34-35.

Research output: Contribution to journalArticle

TY - JOUR

T1 - The car price con?

AU - Bell, David

A2 - Fraser, N.

PY - 1982/5

Y1 - 1982/5

N2 - British car buyers are beginning to wonder whether they are the victims of a gigantic con trick. Car prices in Europe, they are told, are far lower than they are in the UK. Yet we apparently live inside a free trade area, namely the EEC, within which the market should force rough price equality after allowing for transport costs. Thus it seems that the British car buyer is being duped by the producers into paying far more for a new car than his continental cousins. The brief economic perspective seeks to explain why.

AB - British car buyers are beginning to wonder whether they are the victims of a gigantic con trick. Car prices in Europe, they are told, are far lower than they are in the UK. Yet we apparently live inside a free trade area, namely the EEC, within which the market should force rough price equality after allowing for transport costs. Thus it seems that the British car buyer is being duped by the producers into paying far more for a new car than his continental cousins. The brief economic perspective seeks to explain why.

KW - automobile industry

KW - car prices

KW - European Economic Community (EEC)

UR - http://www.strath.ac.uk/frasercommentary/

UR - http://www.strath.ac.uk/fraser/

M3 - Article

VL - 7

SP - 34

EP - 35

JO - Fraser of Allander Economic Commentary

T2 - Fraser of Allander Economic Commentary

JF - Fraser of Allander Economic Commentary

SN - 2046-5378

IS - 4

ER -

Bell D, Fraser N, (ed.). The car price con? Quarterly Economic Commentary. 1982 May;7(4):34-35.