Why isn't Australia more like Argentina (or vice versa)?

Brad DeLong delong at econ.Berkeley.EDU
Sat Aug 4 13:56:08 PDT 2001



>One minor point: Australia is a major shopping destination for rich
>Asians, since it is closer than London or Paris or New York.

Not that much closer. Tokyo-Sydney is 4900 miles. Tokyo-London is 5940 miles.



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