All of the listed advantages are for "extension or ethnocentric" pricing strategy except:
A) it does not respond to the competitive and market conditions of each national market.
B) it calls for the per-unit price of an item to be the same all over the world.
C) it is extremely simple since it does not require information on market condition.
D) it does not require competitive conditions for implementation.
E) the importer must absorb freight and import duties.
A
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Calculate the market potential of Royston light bulbs if it has a current market demand of 150 million bulbs at a market development index of 30
A) 45 million B) 4,500 million C) 50 million D) 500 million E) 450 million
Some economists have pointed out that the benefits of regional integration are determined by the extent of trade diversion, as opposed to trade creation
Indicate whether the statement is true or false.