Involves selling a product for a low price

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Reference no: EM13316502

1. The biggest barrier facing companies that have never exported is:

a. finding the financing to launch an export program.

b. not knowing where or how to start.

c. locating a trade intermediary to represent them in foreign markets.

d. winning government approval to begin selling in foreign markets. .

2. A technique that involves selling a product for a low price and charging a higher price for the accessories that accompany it is called:

a. multiple-unit pricing.

b. optional product pricing.

c. captive-product pricing.

d. by-product pricing.

3. A quota is:

a. a duty or tax that a government puts on products that are imported into the country.

b. the maximum amount of a product that can be imported into a country.

c. a prohibition or suspension of foreign trade of a specific imports and exports.

d. a law that a government uses to regulate products that are imported into the country.

Reference no: EM13316502

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