Iei301 quiz 2 Study guides, Class notes & Summaries

IEI301 Quiz 2 (Chap 789) Answered!!

1.Export prices should be low enough to remain competitive in the market, yet high enough to make reasonable profit. : T 2. Parallel or gray markets are created when the product is purchased at a high price in one market and sold in markets that enjoy higher prices. : F 3. One of the external forces that influences export pricing is location and environment of the foreign market. : T 2 | P a g e 4. FCA, Ex-Works, DAF, and Ex-Store are all terms that are part of Group E terms. : F ...