Sometimes companies prices their products cheaper in developing countries where people's income is much lower...
50.1K
Verified Solution
Link Copied!
Question
Accounting
Sometimes companies prices their products cheaper in developing countries where people's income is much lower than in developed countries. A seller from a developed country, who buys products in a lower-priced developing country market and sells these products in a higher-priced developed country market to make profits, is involved in O arbitrage O interest rate parity o purchasing power parity hedging
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!