Chrysler Corporation wanted to sell its Jeeps in Japan.The car was priced in U.S.dollars at about $19,000,but when it reached the Japanese car showrooms,its price was over 3,100,000 Japanese yen,and the Japanese could not afford to buy it.Its price was set without regard for the:
A) balance of price.
B) currency exchange rate.
C) reciprocity price.
D) balance of payments.
Correct Answer:
Verified
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