Friday, 29. June 2007

How Geography Affects The Price Of Cocaine


The street price of cocaine varies hugely across the world. No surprise that it is cheapest in Colombia, the world's biggest producer of coca: at $2, a gram costs less than a Big Mac. Geography is an obvious price factor. The farther away a country from the main producers in South and Central America, and the more isolated it is, the higher the cost to traffick there. In far-flung New Zealand, a gram costs a wallet-busting $714.30.

How Geography Affects The Price Of Cocaine

economist.com

... Comment