E2.......2 26. One identified category of corporate citizenship is 'economic citizenship', which suggests that abusiness corporation should aim to become productive and profitable, while at the same timesatisfying consumer needs.TrueFalse27. Transfer pricing in international marketing is:O An illegal mechanism used by some multinational firms to charge a higher price than the market will bearA legal mechanism used by some multinational firms to charge a higher price than the market will bearA method of pricing that caters for any exchange-rate fluctuations that might occur when operating in anoverseas marketNone of the above28. The current account is the record of merchandise and services traded, as well as gifts and aidtransactions between countries.TrueFalse

"Since you have asked multiple questions, we will solve first question for you .. If you want any…

26. One identified category of corporate citizenship is 'economic citizenship', which suggests that a business corporation should aim to become productive and profitable, while at the same time satisfying consumer needs. True False

26. One identified category of corporate citizenship is 'economic citizenship', which suggests that a business corporation should aim to become productive and profitable, while at the same time satisfying consumer needs. True False

Principles of Economics, 7th Edition (MindTap Course List)

7th Edition

ISBN:9781285165875

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter15: Monopoly

Section: Chapter Questions

Problem 7PA

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Question

E2.......2

26. One identified category of corporate citizenship is 'economic citizenship', which suggests that a
business corporation should aim to become productive and profitable, while at the same time
satisfying consumer needs.
True
False
27. Transfer pricing in international marketing is:
O An illegal mechanism used by some multinational firms to charge a higher price than the market will bear
A legal mechanism used by some multinational firms to charge a higher price than the market will bear
A method of pricing that caters for any exchange-rate fluctuations that might occur when operating in an
overseas market
None of the above
28. The current account is the record of merchandise and services traded, as well as gifts and aid
transactions between countries.
True
False

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