A global company that uses market skimming as a pricing strategy is likely to invite charges of dumping by competitors in host-country markets.

Question

Quizplus · Accepted Answer

Market skimming involves setting high prices initially to target customers who are willing to pay more, whereas dumping involves selling products in a foreign market at lower prices than in the home market, potentially to undercut local competitors, which is a different strategy.

A Global Company That Uses Market Skimming as a Pricing