When the U.S.levied a 10 percent tax on plus-$30,000 luxury cars, Land Rover changed the weight of Range Rover models so they could be classed as a truck and thereby avoid the luxury status, the company was attempting to follow which of the price strategies listed below for lowering the price of an exported product?
A) rearrange the distribution channel.
B) eliminate costly features (or make them optional) .
C) downsize the product.
D) adapt the product to escape tariffs or tax levies.
E) assemble or manufacture the product in foreign markets.
Correct Answer:
Verified
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