Asked by nicole gomez on Jun 07, 2024

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Tariffs, quotas, and currency exchange policies affect global

A) offshore product design.
B) pricing strategies.
C) advertising.
D) logistics.
E) promotion.

Currency Exchange Policies

Regulations and practices governing the exchange of one country's currency for another, influencing international trade and economic stability.

Pricing Strategies

Comprehensive plans developed to find the optimal price point to maximize sales and profits while considering costs, competition, and customer demand.

  • Analyze the factors affecting international pricing strategies, including tariffs, quotas, and currency exchange.
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Marilyn MejiaJun 07, 2024
Final Answer :
B
Explanation :
Tariffs, quotas, and currency exchange policies have a significant impact on pricing strategies in international trade. Tariffs increase the cost of imported goods, making them less competitive in the local market. Quotas limit the amount of imported goods, leading to an increase in price due to limited supply. Currency exchange policies affect the exchange rate, which impacts the pricing of exported and imported goods. All of these factors influence how businesses price their products in the global market.