In the Pesquera Mares Australes v. United States case, the court found that the Chilean salmon exporter had not violated U.S. antidumping laws
Indicate whether the statement is true or false
False
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Functional depreciation occurs when a fixed asset is no longer able to provide services at the level for which it wasintended
a. True b. False Indicate whether the statement is true or false
The University of Dover and Dover University are bitter cross-town rivals. They compete in everything from sports to academics. Because of shrinking enrollment, the schools make an agreement to give all incoming students free tuition for one semester before raising the existing rates the following semester. This action would be considered
A. a horizontal restraint, in violation of the Sherman Act. B. price fixing, in violation of the Robinson-Patman Act. C. a tying agreement, in violation of the Clayton Act. D. a vertical restraint, in violation of the Sherman Act.
The lack of a common depreciation method makes it impossible to compare the performance companies using different methods
a. True b. False Indicate whether the statement is true or false
Which of the following would not be taken into account by a company using an ethnocentric approach to pricing decisions?
A) the possibility of implementing a penetration strategy B) profitable price points that could be tied to local sourcing as opposed to home-country sourcing C) integration of price with other marketing mix elements D) factors unique to individual country markets E) None of the above would be taken into account by a company using ethnocentric pricing.