Originally posted by oldpentaxer Why is it £100 cheaper in the USA after the conversion?
As a long-time watcher of events in the UK (my children have UK passports) I've been fascinated by the changes in prices there over the past thirty years. I recall buying my SMC Pentax 24/2.8 from the UK in preference to the US in 1981, but since then, the price differential has skewed considerably, although there are two different sets of exchange rates involved from my viewpoint in Australia.
The obvious answers are the different taxation rates and price structures, but why they changed so markedly over the years is a mystery to me. I'd blame Margaret Thatcher, in the absence of any rational answer.