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Author Question: ___________________________________ are issued on a discretionary basis and are used to restrict ... (Read 187 times)

Haya94

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on: Jun 29, 2018
___________________ ________________ are issued on a discretionary basis and are used to restrict imports of a given product.
 Fill in the blank(s) with correct word

Question 2

Which of the following is an advantage of standardized pricing?
 a. It lowers costs.
  b. It is a deterrent to gray market activity.
  c. It deters parallel imports.
  d. All of the above are advantages of standardized pricing


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durant1234

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Reply #1 on: Jun 29, 2018
Answer to Question 1

Nonautomatic import licenses

Answer to Question 2

D
In addition to the cost benefits of standardized pricing, this strategy is also a deterrent to gray market activity; by charging a uniform price worldwide, manufacturers no longer have to deal with parallel imports from a market where the company charges a lower price.


Haya94

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Reply #2 on: Jun 29, 2018
Thank you :)


durant1234

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Reply #3 on: Jun 29, 2018
Happy to help you


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