Which of the following is considered as an external factor in setting the export price?
A) Promotion needs
B) Overall price position of firm
C) Distribution system
D) Exchange rate stability

Question

Quizplus · Accepted Answer

Exchange rate stability is considered as an external factor in setting the export price as it depends on the market forces beyond the control of the exporting firm. Promotion needs, overall price position of the firm, and distribution system are internal factors as they are within the control of the exporting firm.

Which of the Following Is Considered as an External Factor