Which of the following is an example of how a company might address international pricing?

Selecting to engage in partial manufacturing in the foreign market exemplifies a strategic approach to international pricing by potentially reducing production costs and tariffs associated with importing fully manufactured products. By establishing a manufacturing presence in a foreign country, a company can take advantage of lower labor costs, access to local materials, and reduced shipping expenses. This can result in lower overall pricing strategies tailored to the local market, making their products more competitively priced and accessible to consumers in that region.

This approach can also allow for better alignment with local pricing expectations and purchasing power, leading to improved market penetration. Additionally, local production can mitigate some risks associated with exchange rate fluctuations since costs are incurred in the local currency. Consequently, partial manufacturing not only affects pricing but also enhances overall market strategy and long-term competitiveness in international markets.