When the Price of a Good Is Lower in Export

question 48

Multiple Choice

When the price of a good is lower in export markets than it is in the domestic market ________ is said to occur.

• A) dumping
• B) transfer pricing
• C) price escalation
• D) price controls

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Definitions:

Employees' Skills

The abilities and competencies that employees possess, which contribute to the performance of their job duties.

New Markets

Refers to untapped or emerging sectors or geographic areas where a business can expand its operations or sales.

Reactive Change

Change that occurs after external forces have already affected performance