helenuhm wrote:
> Walmart sells crap, and you could buy cheap goods (better quality than
> Walmart) on any street corner in Korea without shopping at Walmart.
>
> Korean restaurants are pricy because all the side dishes you get with
> your entre.


I seriously doubt the little appetizers really add to the cost of food.
I think it's simply that Koreans think dining out should cost more
money than McDonald's.

The Chinese, on the other hand, have cutthroat price-cutting mentality.
They feel like they're competing against McDonald's for some reason,
and see their comparative advantage, to borrow the economic term, as
volume: lots of food for $5-10, as opposed to haute-cuisine for $20-30.