"Cost-based," "market-based," and "negotiated" are three approaches to:
A)dumping.
B)gray marketing.
C)transfer pricing.
D)price skimming.
E)counter trade.

Question

Quizplus · Accepted Answer

These are three approaches to transfer pricing, which is the method used to determine the price at which goods and services are sold between divisions within the same company or between affiliated companies. Cost-based pricing involves setting prices based on the costs of production; market-based pricing is determined by the prevailing market prices for similar goods or services; and negotiated pricing is arrived at through negotiation between the selling and buying parties.

"Cost-Based," "Market-Based," and "Negotiated" Are Three Approaches To