MNEs Must Set Prices Appropriate for Local Conditions

question 64

True/False

MNEs must set prices appropriate for local conditions. Many firms devise innovative products and packaging to keep prices low.

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Definitions:

Amniotic Egg

Egg that contains an amnion and other membranes that surround and protect the developing embryo and keep it moist; the evolution of the amniotic egg was one of the adaptations that allowed animals to become completely terrestrial.

Vertebrates

Animals that possess a backbone or spinal column, including fish, amphibians, reptiles, birds, and mammals.

Reptiles

A group of cold-blooded vertebrate animals characterized by scales or scutes, laying shelled eggs, and breathing air, including snakes, lizards, crocodilians, and turtles.

Clade

A group of organisms believed to comprise all the evolutionary descendants of a common ancestor.