How is the final price negotiated for an exported good?
A) In person or electronically
B) Through the foreign exchange commissions
C) In order of acceptance
D) Aboard the vessel

Question

Quizplus · Accepted Answer

The final price for an exported good is typically negotiated either in person during business meetings or using electronic communication, such as email or video conferencing. This allows both parties to discuss and agree on the terms of the transaction, including the pricing. Foreign exchange commissions may impact the final price, but they are not typically involved in the negotiation process. The order of acceptance and negotiation aboard the vessel are not common practices in determining the final price of an exported good.

How Is the Final Price Negotiated for an Exported Good