SeaFood Family markets its frozen seafood products to the domestic United States market and to several Central American countries. The price of SeaFood Family's products varies from country to country, as regional distributors set the price based on each market. This is an example of ethnocentric pricing.

Question

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This is an example of polycentric pricing, where prices are set based on each individual market. Ethnocentric pricing involves setting prices based on the home country's prices, which is not the case here.

SeaFood Family Markets Its Frozen Seafood Products to the Domestic