An exporter increasing its prices by 5% as a result of examining the risk of the foreign exchange rate dropping 5% is called:
A) lagging.
B) leading.
C) counter-trade.
D) mark-up.

Name: An exporter increasing its prices by 5% as a result of examining the risk of the foreign exchange rate dropping 5% is called: A) lagging. B) leading. C) counter-trade. D) mark-up.
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Question

Quizplus · Accepted Answer

Mark-up refers to the practice of increasing prices to cover potential losses or risks, such as fluctuations in foreign exchange rates.

An Exporter Increasing Its Prices by 5% as a Result