Restrictive trade practices that affect pricing in an overseas market can take various forms. These include:

Question

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All of the options listed can be examples of restrictive trade practices that affect pricing in an overseas market.

Mergers and consolidations can lead to a decrease in competition, resulting in higher prices for consumers. Monopolies can set prices as they see fit, without the pressure of competition to keep prices low. Export and import cartels can manipulate prices by controlling the supply of goods and setting minimum prices for exports or maximum prices for imports. Lastly, vertical price setting is where a company with control over a certain step in the production process sets the price for that step, which can affect the pricing of the final product.

Restrictive Trade Practices That Affect Pricing in an Overseas Market