Originally Posted by
JanoS-
Can anyone please explain to me this Canadian/EU Exception?
WHEN TRAVEL ORIGINATES IN A COUNTRY FOR WHICH
THE SPECIFIC LOCAL CURRENCY FARES IS PUBLISED AND
THE TICKET IS SOLD IN ANOTHER COUNTRY THE FARE
WILL BE THAT PUBLISHED FOR THE COUNTRY OF ORIGIN
CONVERTED TO THE CURRENCY OF THE COUNTRY OF SALE
AT THE BANK SELLING RATE.
THE RESULTANT FARE MUST NOT BE LOWER THAN FROM
THE COUNTRY OF SALE. EXCEPTION -
NOT APPLICABLE FOR SALE MADE AND/OR ‡
TRAVEL ORIGINATING IN CANADA OR THE EUROPEAN
UNION.
I interpret this as you do, except that there are quite a few countries where the published fares are in USD & not in local currency. I haven't done an exhaustive search, but examples are Indonesia and large parts of Latin America & Africa. Probably the condition about specific local currency fares being published would exclude such countries from being used in this way.