Determining the Selling Price in the Global Market?place Is an Extremely

Multiple Choice

Determining the selling price in the global market?place is an extremely difficult task.Which of the following best explains the rationale for the above statement?

A) Rules governing the competitive marketplace and factors such as quotas and antidumping laws play a significant role in many countries.
B) The increasing literacy levels have significantly impacted the way products are being delivered and consumed in developing nations.
C) Shorter distribution channels have complicated the value chains in most economies.
D) Differences in language, customs, and culture also complicate marketers' ability to communicate with customers in various countries.
E) In most countries, retailers sell below the cost of production and advertise reduced prices in advance of sales.