In an international context,______________ exists whenever consumers in different countries are charged different prices for the same product.
A) price discrimination
B) global pricing
C) predatory pricing
D) standardized pricing
E) country specific pricing

Question

Quizplus · Accepted Answer

Price discrimination exists when consumers in different countries are charged different prices for the same product. This can occur due to differences in market demand, currency exchange rates, and distribution costs. Price discrimination is often used by companies to maximize profits and gain a competitive advantage in different markets.

In an International Context,______________ Exists Whenever Consumers in Different Countries