why is food cheaper in Asia?

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I live in the U.S but I am Asian. When I visit Asian countries I’m always surprised that food overall (groceries and restaurants) tends to be cheaper, even in wealthier countries like Korea and Japan. Even without tipping culture they seem to be able to pay their workers and keep prices low? How do they do it?

In: Economics

11 Answers

Anonymous 0 Comments

Cost of labor is a large part of it. You don’t have to pay cooks, support staff, wait staff, etc as much.

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