Friday, October 26, 2012

Topic 12: Pizza for Pesos?


Hispanic Immigrant in United States has always been a problem; however, Pizza Patron starts accepting people to use pesos with dollars and credit card to purchase pizza. The head of Pizza Patron wants to give convenience to consumers who possess pesos. And from my point of view, I think the idea of pizza for pesos relate to utility because this economic strategy might attract consumers who accept or like Hispanic culture; conversely, it might also distract to consumers who does not have inclination to Hispanic culture. According to the video, we can see that many consumers are complaining that Pizza Patron accept pesos, because accepting pesos in American can undermine American culture. Illegal immigrant has already been a problem; therefore, this acceptance might just escalate the problem. Exchange rate is considered as another serious problem. By exchanging dollars from USD to Pesos, supplier and consumer will eventually cause a gap between accuracy and fairness of exchange rate. In other words, using different currency might make the trading more intricate or cause unnecessary problem. Why illegal immigration is such a big concern? Statistically, nowadays there are 800 billions dollars in Hispanic market, which means American’s jobs are being undermined by this immigration. 

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