The Most Common Form of Price Discrimination in International Trade

question 33

Multiple Choice

The most common form of price discrimination in international trade is

• A) dumping.
• B) non-tariff barriers.
• C) Voluntary Export Restraints.
• D) preferential trade arrangements.
• E) product boycotts.

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Definitions:

Accounting Equation

Represents the foundation of double-entry bookkeeping, stating that assets equal liabilities plus owners' equity.

Total Capital

The sum of a company's equity capital and debt, representing the total funds that a company can use for operations.

Total Assets

The sum of all current and non-current assets on a company's balance sheet, representing everything the company owns that has value.

Open Account

It generally refers to a commercial credit line that allows for the purchase of goods and services without immediate payment, payable at a later date.