World Imports/Exports, Inc., is pricing a product sold in a foreign market below the cost of producing it. It sells the same product at a higher price in its domestic market. The company is engaging in
A. skimming.
B. conscious parallel action.
C. fair trade.
D. dumping.
E. price dealing.
Answer: D
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a. network management b. systems operations c. systems development d. server maintenance
56) Regarding the profit margin ratio, which of the following statements is incorrect?
A) The higher the profit margin ratio, the more sales dollars end up as profit. B) The profit margin ratio is computed by dividing net sales by net income. C) The profit margin ratio shows how much net income a business earns on every $1.00 of sales. D) The profit margin ratio focuses on the profitability of a company and is often reported in the business press.
Under an ex works contract, all the costs connected with transportation are the responsibility of the seller
Indicate whether the statement is true or false
The board of directors generally manages the day-to-day affairs of the company
a. True b. False Indicate whether the statement is true or false