cross-border shopping
Buying across boundaries
Cross-border shopping is traveling to another country to buy goods, typically to take advantage of lower prices, different tax rates, or products unavailable at home.
Americans near the Canadian border might cross for cheaper prescription drugs; Europeans routinely shop across national boundaries within the EU: We do our cross-border shopping in Germany for the wine selection.
- day tripExcursion returning same evening
- travel expensesCosts of journeys
- customs dutiesTaxes on imports
- tax advantagesFinancial incentives reducing liability
- tariffsTaxes on imports
cost savings · freight costs · purchasing power · language barriers · trade agreements · product standards · currency exchange · grocery run · sales promotions · bulk buying · licensing requirements · legal loopholes · local markets · weekend getaway · outlet malls · gas station · personal use · market segmentation
- North American RelationsNAFTA, USMCA, ambassador, embassy, free trade
- outlet shoppingoutlet mall, outlet malls, factory outlet, factory store, factory outlets