Background: The current price of a Big Mac at my local McDonald's in Durango, Colorado is USD
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Question:
Background:
The current price of a Big Mac at my local McDonald's in Durango, Colorado is USD $6.69, which is $0.98 higher than the average price in the US coming in at $5.71. The price of the Big Mac in Poland (PLN) is 11.00 Zloty which is equivalent to $2.79 USD.
Question:
Based on the above listed in the provided background, should I be exporting or importing the burgers from Poland? In addition to the price of a Big Mac expressed in U.S. Dollars in Poland ($2.79), consider other issues that may impact your export or import decision. Provide at least two reasons for your decision.
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