Sure. But I mean why didn't anyone notice the opportunity to undercut the Swiss if they were making such huge margins on all world trade!
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@owenbarder the research doesn't test that hypothesis though, its an assumption.
@owenbarder methodology assumes that Swiss physical export prices can be applied to all Swiss trade. There is no reason to assume this.
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@owenbarder My question, if is these prices were being paid for all Swiss trade wouldn't it show up in market prices & behaviour etc... -
@MForstater@owenbarder Unless it is between associated companies to hide for tax, but prob. the purchaser country then being defrauded.
End of conversation
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