Reference no: EM13311220
1. The biggest barrier facing companies that have never exported is:
a. finding the financing to launch an export program.
b. not knowing where or how to start.
c. locating a trade intermediary to represent them in foreign markets.
d. winning government approval to begin selling in foreign markets. .
2. A technique that involves selling a product for a low price and charging a higher price for the accessories that accompany it is called:
a. multiple-unit pricing.
b. optional product pricing.
c. captive-product pricing.
d. by-product pricing.
3. A quota is:
a. a duty or tax that a government puts on products that are imported into the country.
b. the maximum amount of a product that can be imported into a country.
c. a prohibition or suspension of foreign trade of a specific imports and exports.
d. a law that a government uses to regulate products that are imported into the country.
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