Sales tax rates, tariffs, and price controls are all examples of _______________ that can have a direct or indirect impact on the pricing policies of a firm in the
International marketplace.
A) sales volume policies
B) price policies
C) government policies
D) restrictions
E) punishments

Question

Quizplus · Accepted Answer

Sales tax rates, tariffs, and price controls are all examples of government policies that can impact a firm's pricing policies in the international marketplace. Government policies can influence the costs of production, transportation, and distribution. They can also affect the amount of competition in a particular market, and directly impact a firm's ability to set prices. Therefore, it is important for firms to understand and adjust to these policies in order to remain competitive.

Sales Tax Rates, Tariffs, and Price Controls Are All Examples