Many people are surprised to find that the price they pay in their home country for products may be twice as much in a foreign country due to transportation charges,taxes,tariffs,and exchange rate fluctuations.This change in price is referred to as _____________.

Question

Quizplus · Accepted Answer

A considerable quandary for companies in global marketing is that the costs of doing business globally are often higher than in their home market. Many people are surprised that products sold in their home country are frequently twice as much in foreign markets.

Many People Are Surprised to Find That the Price They