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A Pricing Policy in Which a Product Has a Different

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Multiple Choice

A pricing policy in which a product has a different selling price in export markets than it has in the home market is called ________.


Definitions:

Settlement

The resolution or agreement reached after a dispute or negotiation.

Concession

An act of yielding or compromising in a disagreement, where one party agrees to make a change or give up something in order to reach an agreement.

Successive Concessions

A negotiation strategy where each party makes gradual concessions to reach an agreement.

Resistance Point

The price beyond which a negotiator is unwilling to go during a negotiation.

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