As you are international students, find an example of a product sold in a foreign country, say your home country, that is essentially the same product sold in Canada, but that has a different price. Ensure you state the price of the Canadian item, the price of the foreign item in its home country currency and then convert the currency based on current values.

Express your thoughts on all the factors which appear to be causing the difference in price, and the "how" and "why" the prices have been set.