When Two or More Organisations Conspire to Set Prices Above

question 77

Multiple Choice

When two or more organisations conspire to set prices above a competitive price, they are engaging in:

• A) price gouging
• B) collusive pricing
• C) predatory pricing
• D) price discrimination

Learn the methodologies for calculating net present value (NPV) in international finance, including home and foreign currency approaches.

Comprehend the impact of international trade agreements on exchange rates and trade flows.

Understand the risks associated with exchange rate fluctuations, including short-run, long-run, and translation exposure.

Learn the strategies for managing exchange rate risks, including the use of forward rates and financial remittances.

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Definitions:

Polar Nuclei

Cells found within the ovule of flowering plants that fuse with one sperm cell to form the endosperm, providing nutrition to the developing embryo.

Angiosperm

Flowering land plant; the seeds are borne within a fruit.

Pollination

The transfer of pollen from the male parts of a flower to the female parts, leading to fertilization and seed production.

Pollen Tube

In seed plants, a tube that forms when a pollen grain lands on the stigma and germinates. The tube grows, passing between the cells of the stigma and the style to reach the egg inside an ovule, where fertilization occurs.