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firms pursuing a multipoint pricing strategy on an international scale will price low
worldwide in an attempt to build global sales volume as rapidly as possible.
Supporters of floating exchange rates claim that trade deficits are determined by the
balance between savings and investment in a country.
Political risk tends to be greater in countries experiencing social unrest or disorder.
the value of a currency is determined by the interaction between the demand and supply
of that currency relative to the demand and supply of other currencies.
barter is viewed as the least restrictive countertrade arrangement.
in a company using cultural controls, employees behavior is closely monitored and
controlled through direct supervision.
companies can strengthen the moral courage of employees by committing themselves to
not retaliate against employees who exercise moral courage.
outsourcing some manufacturing to independent suppliers based in other countries
would help firms capture more orders from that country.
the foreign exchange market is open for only 12 hours in a day.
japans great trading houses are called samurai houses.
