Answer:
E) Export barriers may need to be imposed by the WTO to help regulate the actions of multinational companies.
Explanation:
The World Trade Organization's (WTO) whole purpose is to increase world trade, foster globalization and reduce trade barriers. As stated by the WTO itself <em>"The goal is to ensure that trade flows as smoothly, predictably and freely as possible."</em>
So the WTO will not impose any type of export or import barrier.
Answer:
E. Skimming Pricing.
Explanation:
This method or strategy is mainly used in marketing strategy for a new market entry especially because of its uniqueness and also when the value of the commodity to be sold is of a very high qualities and importance.
It is also seen as a product pricing strategy by which a firm charges the highest initial price that customers will pay and then lowers it over time. As the demand of the first customers is satisfied and competition enters the market, the firm lowers the price to attract another, more price sensitive segment of the population. The skimming strategy gets its name from "skimming" successive layers of cream, or customer segments, as prices are lowered over time.
Gaining a profit from sold goods is helpful because the use of scarce resources is optimized. It also provide jobs. The bad side of being in a profit motive business is that some may be tempted to deal with customers . I think that a profit motive business is a good thing.
