RE: Financial Education - Automotive companies and the importation of merchandise in foreign currency

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Financial Education - Automotive companies and the importation of merchandise in foreign currency

in hive-175254 •  last year 

Thanks for this information. In Countries like Nigerians who import cars and the cars company not having a base in Nigeria makes those cars much more expensive due to clearing fees and all.

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What happens in Nigeria is the same situation that less developed countries experience, acquiring a vehicle through importation in my country costs approximately 65% of the global market value.

it is what it is