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Question
When a product has a higher selling price in the target market than it does in the home market or the country where production takes place, it is called ________.A) price skimming
B) price escalation
C) price dispersion
D) price fixing
Answer
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Related questions
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Which of the following statements is true of developing countries that have embraced globalization?
A) The countries have experienced an increase in life expectancy.
B) As a result of extensive commercialism, there has been a decline in personal income.
C) Relying upon developed countries for technology has rendered their talent pool stagnant.
D) Their rich cultural diversity hasn't been affected by exposure to new cultures.
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B) lower workers' wages in developed nations
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B) The government considers banking sector as important to national security.
C) The country has never experienced threats against its long-term stability.
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B) central
C) subcapital
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A) large uncertainty avoidance
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Which of the following terms refers to the technology used in a culture to manufacture goods and provide services?
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C) trash culture
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B) a form of non-verbal language adopted by all nations as the official language for business transactions
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B) a person's position in society depends upon his educational qualifications and achievements
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A) Strict product liability laws
B) Relaxed trade and investment barriers
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C) emerging market
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