A Manufacturer Attempting to Set Prices for Its Products in Export

question 94

Multiple Choice

A manufacturer attempting to set prices for its products in export markets must realize that CIF,VAT,and distributor markup all lead to:

• A)currency devaluations.
• B)dumping charges.
• C)market skimming.
• D)price escalation.
• E)market penetration.

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Definitions:

Depth-Of-Processing Principle

A concept suggesting that information that is thought about at a deeper, more meaningful level is more likely to be remembered than information processed at a superficial level.

State-Dependent Memory

The phenomenon wherein information learned in a particular state of mind is more readily recalled when in the same state.

Levels-of-processing

A theory suggesting that the depth of mental processing affects memory; deeper processing leads to better recall.

Cerebral Cortex

The outer layer of the brain's cerebrum, involved in complex functions such as thought, language, and consciousness.